Student loan debt

The offering resonates deeply with the millennial talent pool, but it has a dark side as well.

School loans are weighing on millennials and boomers, distracting them at work and affecting their retirement strategies.

Outstanding student loans are affecting baby boomers who may be helping their kids pay down balances owing instead of saving enough money to fund their own retirement.

The accounting and consulting firm hires many millennials and estimates that up to 15,000 of its 46,000 employees have one or more student loans.

Some employers are exploring student loan repayment as a way to attract talent and differentiate themselves from the competition.

As companies strive to find new and better ways to attract and retain skilled workers, some are exploring student loan debt repayment as a way to differentiate themselves from the competition.

Natixis Global Asset Management is offering a new benefit that it hopes will allow more employees to begin saving for retirement instead of spending all of their extra money paying off student loan debt.

401(k) and other defined contribution plan sponsors report high participation rates by millennials; however, millennials with student loan debt are saving at a lower rate.

Student loan debt affects employees of all ages, not just new grads.