15 remote-friendly companies providing student loan benefits

Peloton office at Ninth Avenue in New York City.
Roman Tiraspolsky from AdobeStock

After the Supreme Court struck down President Biden's student loan forgiveness plan, it left 43 million Americans scrambling to resume monthly repayments in October after a three-year-long pause. With borrowers owing a collective $1.7 trillion, for many Americans, this will not be an easy transition.

But some employers are taking the opportunity to ease the burden. 

Remote jobs search engine Flexjobs put together a list of remote-friendly companies offering student loan assistance, ranging from healthcare and financial services companies to marketing and media. Some companies, like Aetna, offer annual matches, giving employees up to $2,000 a year to help them tackle monthly payments. Other companies like Peloton contribute a fixed amount each month to their employees. Either way, these employers are helping employees chip away at their student loan debt, benefiting their workforce and themselves.

Read more: Student loan payments restart in October. Are employees ready?

"Offering student loan benefits is impactful because we are experiencing a time where millions of professionals and younger workers are heavily burdened by their student loan debt," says Keith Spencer, career expert at Flexjobs. "This has the potential to improve employee loyalty and longevity."

The average federal student loan debt balance is $37,717, according to the Education Data Initiative — and that doesn't account for interest. On average, it takes Americans 21 years to pay off their student loans, limiting their ability to put more money aside for things like retirement, a home, or other important investments. If an employer helps their workers relieve some of that financial stress, it would be hard to walk away. Employees need any help they can get, underlines Spencer.  

Here are 15 remote-friendly companies helping student loan borrowers:

Atticus Law

California-based law firm

BAM the Agency

PR and marketing firm

Crisis Text Line

Nonprofit offering mental health texting services

Crossmedia

Content creation and communications company

Fidelity Investments

Financial services company

GumGum

Digital media and advertising firm

Live Nation Entertainment

World's largest producer of live concerts

Peloton Cycle

 Home fitness equipment and media company

PricewaterhouseCoopers

Professional services organization

Read more: Why student debt and Social Security are on a collision course

Redesign Health

Healthcare tech company 

The Hartford

Investment and insurance company

Weedmaps

Tech solutions company for the cannabis industry
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