As of 2021, 43% of all American college attendees were saddled with student debt. Make tax-free contributions towards your employee's student loan debt to help ease the burden.
Student loan benefits help employers stand out in today's competitive job market. Creating a successful benefits program is a difficult but worthwhile process for companies. Successful programs can be used as a recruitment tool, increase employee retention and promote employee wellness.
“The weight of student loans is a cloud that weighs over every financial decision, from your daily coffee to your big life decisions”
- Braxton Brewington, press secretary for The Debt Collective