by Joe Kwasniewski | May 13, 2024 | Benefits, FAQ, Features, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment
When considering Student Loan Assistance, many employers have questions surrounding the flow of funds and how their contributions are applied toward employees’ student loans. Once a client gets started with their Peanut Butter Student Loan Repayment program, they’ll...
by Joe Kwasniewski | Jul 22, 2024 | Benefits, Employee Benefits, FAQ, Features, Human Capital, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment
When considering Student Loan Assistance, many employers are curious about what employees agree to as benefit participants. Along with their responsibilities in the program. Employees that elect to participate in a student loan repayment program with Peanut Butter...
by Tatum Pugh | Apr 6, 2016 | Press Room
What is the social cost of the student debt crisis? A recent article in Crain’s Chicago Business explores this topic by looking into the lives of those most affected by it. It looks at people like Carolyn Raleigh, a new mother whose debt taken on a life of its...
by David Aronson | May 5, 2016 | Government Relations
Student loan debt affects not only individuals but national and local economies as well. Different states are trying to find ways to help the more than 40 million people who struggling with student loans. New York, Illinois and California have already made steps...
by David Aronson | May 4, 2017 | Insights
Clawback provisions are common with tuition reimbursement, so this question comes up a lot. Because of some key differences in how we administer student loan repayment, there is usually not a need to have this type of provision attached to your program. Employer...
by Tatum Pugh | Jun 25, 2017 | Press Room
Peanut Butter was one of just 13 companies to participate in Google’s annual Demo Day, an event that brings a diverse group of startups to Silicon Valley to showcase their technology and meet investors and mentors. Peanut Butter was hand-picked by Google based...
by Tatum Pugh | Dec 20, 2019 | Employee Benefits
The problem of student debt in America is a hefty one, with more than 44 million people collectively owing over $1.5 trillion in student loans. And it doesn’t stop there; the Congressional Budget Office estimates that an additional $1.27 trillion in new federal...
by Tatum Pugh | Jul 15, 2020 | Employee Engagement
MRA, an HR member organization that helps employers with best practices, hosted Peanut Butter CEO David Aronson last week to talk about how student loan assistance can help employers attract, retain and engage college-educated talent. In his presentation to MRA...
by Vishuka Mathur | 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...
by Vishuka Mathur | Oct 16, 2022 | Employee Benefits, Human Resources, Program Management, Student Loan Assistance
Step 1: To add tiers to a new repayment plan, click “Add new plan” from your Plan info page and follow the instructions here. If you already have a repayment plan, click “Edit plan”. Step 2: Select “Yes” to the question “Would...