Student loan debt

The next six months are the best time for employers to start helping their workers repay student debt.

U.S. student debt has reached $1.73 trillion and grows at a rate six-times faster than the economy.

The retailer's staff tuition plan previously cost $1 a day for eligible employees.

Veterinary employees are saddled with some of the highest student debt balances in the workforce.

When employees can control their short-term finances it makes them more willing to invest in their long-term success.

With the tax-free status, employers do not have to pay payroll taxes on the contribution and employees do not have to pay income taxes on the benefit.

The pandemic has federal student loans on pause, but healthcare professionals need help to dig themselves out of debt.

Underrepresented employees are unfairly and unequally burdened by student loan debt.

As employee PTO banks grow, employers can convert those unused funds into a different kind of employee benefit.