by David Aronson | Nov 25, 2017 | Insights
If your company is considering student loan refinancing, you should take a hard look at how a comprehensive Student Loan Assistance program differs from student loan refinancing on its own. The primary reason that companies should not offer student loan...
by Tatum Pugh | Feb 20, 2019 | Press Room
CHICAGO (PRWEB) FEBRUARY 05, 2019 Peanut Butter announced today that its Student Loan Assistance programs are now being offered through ADP Marketplace, an online storefront for HR and benefit solutions offered by ADP, one of the world’s leading providers of...
by Tatum Pugh | May 30, 2018 | Press Room
In the month of May America’s student loan debt surpassed $1.5 trillion. With a statistic so staggering, it’s no wonder people are noticing, especially companies who realize many of their employees are among the 44 million affected by it. 1871’s Yun...
by Tatum Pugh | Apr 30, 2019 | Finding Talent, Human Capital, Human Resources, Student Loan Debt, Student Loan Repayment, Workplace diversity
Deloitte’s 2019 Global Human Capital Trends Report is always an insightful read. Last year, they stressed the rising importance of a company’s social impact — that is, the need for companies to move beyond their own revenue growth and help address...
by Jon Mollenhauer | Sep 21, 2018 | Differentiation, Financial Wellbeing, Insights, Student Loan Repayment, Winning Together
In August, the IRS issued a groundbreaking ruling that could affect the tax treatment of employers’ student loan repayment contributions. We can help you understand what the ruling means, how to explain it to your stakeholders and how companies can act on it to...
by Tatum Pugh | Sep 29, 2019 | Plan Design
Student Loan Assistance Programs continue to play an important role in employee benefits because of the $1.7T in student debt held by over 43 million Americans — nearly 30 percent of the US workforce. As we continue to see dramatic increases in the number of employers...
by Tatum Pugh | Jun 13, 2019 | 529 Savings Plan, Benefits, Employee Benefits, Financial Wellbeing, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment
Smart organizations are considering Student Loan Assistance programs because they’re aware of the increasing student loan debt burden their employees face and they know it’s highly attractive for hiring and retaining talent with the right offering. If your...
by Tatum Pugh | Apr 4, 2016 | Insights
Aside from mortgages, what is the most common source of debt in the US? No, it’s not credit card debt, nor is it auto loan debt. You may have guessed from the title of this post, it’s student loan debt, which now totals over 1.3 trillion dollars in the...
by Philippe Melin | Aug 7, 2017 | Government Relations
Momentum continues to build in Congress for legislation that can help millions of workers with student debt and their employers. Congressman Rodney Davis reported to us that he and his partners have secured 91 co-sponsors to The Employer Participation in Student Loan...
by Andrew Bordewick | May 4, 2016 | Press Room
On Monday, May 2, 2016, CEO Ed Scanlan announced that the company would begin offering student loan repayment contributions to employees. Scanlan made the announcement and provided remarks as part a press conference held by Congressman Robert Dold (IL-10). Mr. Dold...
