by Tatum Pugh | Sep 17, 2018 | Differentiation, Recruiting, Retaining Talent, Student Loan Repayment
Hiring is hard. While this has always been the case, it is ringing true now more than ever. As the unemployment rate nears its lowest point in 50 years, the number of people leaving their jobs continues to go up. Workers feel confident that if they leave their current...
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 | Jul 29, 2018 | Decisions, Student Loan Debt, Student Loan Repayment
With 44 million Americans holding student debt, it’s pretty easy to see that the effect of this is widespread. However, when considering whether to offer Student Loan Assistance, most employers’ first question is often, “How many of MY employees have...
by Vishuka Mathur | Sep 20, 2022 | Employee Benefits, Employee Engagement, Financial Wellbeing, Government Relations, Insights, Student Loan Debt, Uncategorized, Winning Together, Workplace diversity
The bulk of student loan debt in the U.S. has fallen on women, who today hold nearly two-thirds of all outstanding student debt, an amount that totals more than $900 billion, according to the American Association of University Women. Upon college graduation, a female...
by Joe Kwasniewski | 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...
by Tatum Pugh | Sep 29, 2019 | Student Loan Assistance
Prospective employers and brokers are often surprised by how affordable Student Loan Assistance programs are when we explain our pricing structure. In this article, we break down the types of programs offered and give a real-world example of how companies can...
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 | Jan 22, 2019 | Decisions, Financial Wellbeing, Insights, Student Loan Debt
Student loans can be hard to understand and often times borrowers can be unclear on the exact differences between various types of loans. However, it’s extremely important that borrowers continue to seek out additional understanding in order to make the...
by David Aronson | Jan 30, 2017 | Insights
Everyone seems to be talking about student loan assistance as an employee benefit, but how exactly would this work at your company? So far in our four-part series we have covered estimating employee enrollment, defining the employer contribution amount and modeling...
by Alifya Valiji | Jul 18, 2016 | Insights
Peanut Butter participated in Chicago Inno’s Talent Inno Meetup Showcase held last Thursday which fostered a great dialogue around the best ways to build, sustain, and scale an all-star team. The meetup featured a fantastic panel with HR and Talent executives...