by Joe Kwasniewski | Oct 30, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Planning, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Debt, Winning Together, Workplace diversity
As employers continue to navigate the post-pandemic era, a new normal is setting in for student debt holders as payments resume in October. The end of pandemic-related forbearance doesn’t generate a net new monthly expense for most borrowers, but it certainly...
by Vishuka Mathur | Oct 13, 2022 | Financial Planning, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance
With so many workers carrying student loan debt, repayment assistance programs can be a valuable benefit to employees. Student loan debt is a burden that crosses generational lines, with members of all five generations – from the Silent Generation to Gen Z – carrying...
by Vishuka Mathur | Oct 11, 2022 | Employee Engagement, Financial Planning, Financial Wellbeing, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Workplace diversity
Student debt is a widespread problem in the United States and student loans make up the largest portion of non-housing consumer debt. While bachelor’s or graduate degrees were required for 21 percent of all jobs before the great recession in 2006, they are now...
by Vishuka Mathur | Sep 29, 2022 | Benefits, Employee Benefits, Employee Engagement, Financial Planning, Financial Wellbeing, Finding Talent, Government Relations, Human Resources, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment, Winning Together
On August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. Click here to learn what the three-part plan includes and what this could mean for you. Starting mid-2023 student loan servicers are expected to resume the monthly collection of...
by Vishuka Mathur | Sep 8, 2022 | Benefits, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Insights, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together
Americans hold nearly $1.75 trillion in student debt. In today’s workforce, employers are reconsidering how they approach employee benefits. In the efforts to attract and retain top talent, companies are aiming to create more appealing benefit programs. They’re...
by Vishuka Mathur | Sep 7, 2022 | 529 Savings Plan, Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Features, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity
With the average student debt borrower holding $31.4K in student loans, it’s no surprise that it’s a leading cause of financial stress for employees. The good news is that employers can help by offering one of Peanut Butter’s Student Loan Assistance programs. Below is...