36% of US millennials say student loan debt limits home ownership [Insider]

36% of US millennials say student loan debt limits home ownership [Insider]

by | Aug 22, 2022 | Benefits, Employee Benefits, Financial Wellbeing, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment

Millennials today owe an average of $38,877 in student loan debt, according to an Experian consumer debt study. According to a new survey conducted by Legal & General, over one third of millennials in the US say they feel locked out of their quest to save for a...
Marketing & Advertising Companies Rate Peanut Butter 5.0 stars

Marketing & Advertising Companies Rate Peanut Butter 5.0 stars

by | Oct 12, 2022 | Employee Engagement, Financial Wellbeing, Human Resources, Retaining Talent, Reviews, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity

Users overall have rated Peanut Butter 4.9 out of five stars, and those from marketing and advertising companies have awarded Peanut Butter a perfect 5.0. Click the badge below to see why users in the marketing and advertising sector love Peanut Butter. To get started...
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...
The most effective ways to offer Student Loan Assistance

The most effective ways to offer Student Loan Assistance

by | Dec 6, 2023 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Winning Together

Student Loan Assistance has emerged as one of the most highly sought after benefits for employees headed into 2024. With the combination of federal student loan payments resuming in October and no large-scale government forgiveness, the US workforce is feeling the...
Ensuring a successful launch for your Student Loan Assistance program

Ensuring a successful launch for your Student Loan Assistance program

by | May 13, 2024 | Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment

Conceptually, thereโ€™s many ideas surrounding the right route for a successful Student Loan Assistance program launch. When considering this new benefit, itโ€™s important for employers to understand what works. In a recent article from Indeed, three key requirements were...
Peanut Butter Feature to Know: Employee Loan Verification

Peanut Butter Feature to Know: Employee Loan Verification

by | Jun 19, 2024 | Benefits, Differentiation, Employee Benefits, Program Management, Qualified Loans, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment

When thinking about Student Loan Repayment for employees, companies are commonly curious about the criteria considered when Peanut Butter verifies individuals student loan information during their enrollment process. As an employee links or provides their student loan...
Peanut Butter Feature to Know: Employer Responsibilities

Peanut Butter Feature to Know: Employer Responsibilities

by | Jul 3, 2024 | Benefits, Differentiation, Employee Benefits, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together

When offering Student Loan Assistance, itโ€™s important for employers to understand their responsibilities for success. Benefit maintenance is simple, and one of the core reasons our services stand out is ease of use. With Peanut Butterโ€™s SaaS solution, employers...