6 employers tackling student loan debt

Published Updated 2 Min Read

Bloomberg

Student loan debt has skyrocketed over the last decade and workers desperate for relief are turning to their employers for help.

About 45 million Americans owe a total of $1.7 trillion, according to Student Loan Hero, a resource for information on education debt.Student loan debt is the second highest form of debt in the U.S., second only to mortgages, according to the New York Federal Reserve.

The healthcare tech company added the Goodly student loan benefit for its 100 employees, based on an employees’ tenure. ConsejoSano will provide $50 per month for employees with one year or less of employment, $100 per month for one to two years of employment, $200 per month for two to three years of employment and $400 per month for three years or more.

Read More: Student loan benefits highlight the workplace diversity gap

Amanda Schiavo
Associate Editor

Amanda Schiavo is an associate editor of Employee Benefit News. Follow her on Twitter at @SchiavoAmanda.


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