Four things employers shared when they switched their administrator, and hired Peanut Butter

Four things employers shared when they switched their administrator, and hired Peanut Butter

by | May 13, 2024 | Benefits, Differentiation, Employee Benefits, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free, Winning Together

Selecting the right vendor for any benefit is a crucial component of a program’s success. During our time supporting group transitions from other Student Loan Assistance administrators, we’ve learned four key reasons on why employers are choosing to make the switch....
Your company doesn’t need to offer 529 college savings plans, and if you must, get the program free from your state

Your company doesn’t need to offer 529 college savings plans, and if you must, get the program free from your state

by | May 13, 2024 | 529 Savings Plan, Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free, Workplace diversity

Employers have continued to explore a wide array of benefits, especially as the war for top talent has continued to become increasingly more difficult. 529 college savings plans are one option employers consider for a few reasons. For one, to create a commonplace for...
How does student debt impact your industry?

How does student debt impact your industry?

by | Jan 2, 2024 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment

Across the US workforce, 45 million Americans are burdened by student loans. With the average borrower holding north of $30,000 outstanding. It is no wonder it is one of the United State’s biggest causes of financial stress. However, employers have the...
How Student Loan Debt Can Impact Your Life [LendEDU]

How Student Loan Debt Can Impact Your Life [LendEDU]

by | Nov 6, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Winning Together

As we round out 2023, student debt is playing a much bigger role than it did in years past in the lives nearly 50 million Americans. Today, the average borrower owes right around $30,000 toward their student loans, and this number will only continue to grow year by...