by Tatum Pugh | Jul 27, 2018 | Insights, Student Loan Repayment
The original version of this post was published on the Members Development Company (MDC) blog by Sarah Lietz, Vice President of Owner Engagement at MDC. You can view the original post here. As more Americans flock to colleges and universities against a backdrop of...
by Tatum Pugh | Jul 18, 2019 | Finding Talent, Student Loan Assistance, Student Loan Repayment
The Society for Human Resource Management (SHRM) has announced the results of its 2019 Employee Benefits Study1, which assessed the prevalence of more than 250 benefits through survey responses from thousands of employers. One clear takeaway: more and more employers...
by David Aronson | Feb 12, 2019 | Government Relations
Over the past few days in Washington, D.C., a bi-partisan group comprising 20 percent of the members of the U.S. Congress introduced the Employer Participation in Repayment Act. If passed, the legislation will save companies approximately 10 percent of the cost of...
by David Aronson | Oct 29, 2021 | Uncategorized
This was originally posted on Oct 29, 2021 and was updated on August 25th, 2022 Starting in January of 2023 student loan servicers are expected to resume the monthly collection of payments from roughly 45 million borrowers. Whoa?! That’s going to be a shock for...
by Tatum Pugh | May 12, 2016 | Government Relations
At first glance, it may seem as though the student debt crisis is a somewhat limited problem, only affecting college-educated Millennials and the companies trying to recruit them. Unfortunately for everyone, this is not the case. It’s true that student debt...
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 David Aronson | Jan 9, 2017 | Insights
Everyone seems to be talking about student loan assistance as an employee benefit, but how exactly would this work at your company? In this four-part series, we are breaking down the most critical components of evaluating a student loan assistance program. Part one:...
by David Aronson | Nov 24, 2017 | Insights
We’re all familiar with the old offer, “work for us for two years and we’ll help pay for you to earn a college degree”. Employers have been offering these programs for quite some time, but increasingly, the value of such programs are being...
by Tatum Pugh | Oct 16, 2018 | Differentiation, Recruiting, Retaining Talent, Student Loan Repayment, Winning Together
With 2019 right around the corner, your organization may be thinking you missed the boat on adding some new benefits to next year’s offering. While that may be the case for other benefits, it doesn’t have to be the case for Student Loan Assistance. Peanut...
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...