Employer benefits that can help employees who owe a student loan

Student loan borrowers are in a wild ride in the last few years.

Onetime Widespread Dream debt donations extinguished and gained five years of fame for people with default Student loans expire in May this year. This summer, Trump Management Federal benefits of student loans, tax returns and federal benefits, federal benefits of student loan default, in an action that can affect millions of people.

For the worst, millions of Americans will be a cruel summer, but employers have steps that can support employees working under the financial burden of student loan.

Advantages focused on student loan assistance have become more popular in the past few years. The number of employers presenting a student loan has been three times in the last five years, in 2019 to 14% in 2024 according to Human Resource Management Society. And the number of business lists with a platform training between 2019 and 2023 has increased According to a report from the company.

The employers allow a number of options to support a number of options to manage student debt to manage student debt, allow pension assistance to education and even employees not used for non-used time for credit payments. According to experts on benefits Fortune He spoke, these programs can significantly increase employee financial stability and peace of employees.

“Business leaders can no longer ignore this financial pressure,” said Jeremy Yonan, VP “Student loan debt is not only an individual problem, because a work is not only an individual problem, because a work is imperative, Ripple effect emerges in every corner of the workplace.
What benefits can you learn about the student loan debt here.

Brit Morse
brit.morse@fortune.com

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