18 Dec Employer Student Loan Repayment Program: 5 Tips for 2020
Paycor.com examined the benefits of employer repayment programs in “Employer Student Loan Repayment Program: 5 Tips for 2020” stating, “Companies that offer student loan debt relief can more easily attract and retain talent. In fact, studies indicate that 86% of workers between the ages of 22 and 33 would commit to an employer for five years if the employer offered a student loan repayment program.” The article provides advice to employees to help repay their student loans and also explains Abbot Laboratories novel repayment approach tied to the company’s 401(k). The...