Will student loan forgiveness happen in 2023? Here’s what employers should know
Aaron Smith, co-founder of Savi, explains why student loan relief benefits employers and employees alike.
Student loans
Benefits in action: This BofA employee earned two degrees in two years with zero debt
Polyanna Unruh embraced her employer's tuition-assistance benefit to go from high-school graduate to MBA.
Biden predicts student loan relief within two weeks
Despite legal challenges, President Joe Biden expects his debt forgiveness to move forward.
Biden’s forgiveness plan is helping parents struggling with their kids’ student loans
Students aren't the only ones who can apply for student debt relief —the parents who supported them through college are also eligible.
Excellence in technology: This Betterment exec is helping employees erase their debt
Kristen Carlisle, general manager of Betterment at Work, is finding new ways to help people through tough financial times.
How student loan relief can turbocharge retirement savings
Biden's program will wipe out federal debt for millions of borrowers, freeing up cash to compound in long-term nest eggs over decades.
What Biden’s student loan forgiveness means for employers
Lydia Jilek, senior director of voluntary benefits solutions at Willis Towers Watson, explains how Biden's loan forgiveness plan will impact employees and employers alike.
Biden’s student-loan relief adds new wrinkle to inflation debate
The plan will ripple through the economy as personal spending and savings shift.
Biden to forgive up to $20,000 in student debt
The president will also extend the moratorium on repaying student-loan debt for four months through Dec. 31.
Gen Z Shows TikTok what life’s like on Wall Street
For Wall Street, where confidentiality is bred in the bone, this poses a conundrum.
Benefits Think Amid inflation, startups cannot afford to cut benefits that matter most
Investing in student loan assistance, employer–sponsored emergency funds or childcare support can line employee pocketbooks and ease financial anxiety.
Kristen Carlisle
Betterment at Work
TIAA and Savi are partnering up to pay off $286 million in student loan debt
Employees across 100 nonprofit, healthcare and university systems are slated to have portions of their student debt forgiven.
Most student loan borrowers made no payment during U.S. freeze
The Fed estimates 11.5 million borrowers may not be able to resume paying once the freeze is lifted.
For White House staffers, Biden’s decision on student loan forgiveness is personal
At least 30 senior White House staffers have student loan balances.
Biden’s team eyes $125,000 income cutoff for student loan relief
The Biden administration has repeatedly extended a temporary freeze on student debt payments enacted shortly after the pandemic began in 2020.
Benefits Think Preparing for the end of the student loan payment pause
Strategies include implementing a matching program or student loan management solution to help pay down debt, as well as a 529 plan for parents saving for their child’s educational future.
Kristen Carlisle
Betterment at Work
Biden extends pause on student loan payments due to omicron surge
A total of 43.2 million student loan borrowers across the U.S. hold a cumulative $1.75 trillion in student loan debt.
The CARES Act is ending: Here’s how to support employees with student loans
As the CARES Act ends and student loan payments resume, it’s crucial employers provide financial literacy and support for their employees, especially those in public service.
Want your employer to pay your student loans? These 14 companies will do it
Goodly has created a database that connects employees to companies providing student debt relief benefits.
Benefits Think Student loan assistance can help employees realize their full potential
Employees are drowning in student debt that can take decades to pay back.
Will Sealy
Summer