Creating opportunities for employees to put away money for savings or retirement is top of mind for companies. But for many workers, student loans are standing in the way of their ability to take advantage of those benefits.
Insurance company TIAA and social impact technology startup Savi recently launched a partnership to offer a new debt-management solution that guides public-service employees seeking federal student loan forgiveness through the eligibility application. Already, employees across 100 nonprofit, healthcare and university systems are slated to have approximately $286 million of their student debt forgiven.
