As student loan debt is set to reach $2 trillion, more employers are expanding their benefits to help employees get a handle on this burden. ServiceMaster, the parent company of pest control and termite exterminator business Terminix, is the latest employer to launch a student loan debt repayment benefit for employees.
Since December, ServiceMaster has worked with Tuition.io to contribute $50 per month to those members of its 10,000 employee population in need of student debt relief. The benefit is available across ServiceMaster’s portfolio of brands, which includes AmeriSpec, Furniture Medi and Merry Maids.
