Student loan debt repayment assistance might be the perfect perk that employers should offer if they want to attract today's top graduates and best talent.
Not exact matches
Policymakers have struggled to address the
student loan debt crisis, with proposals ranging from passing a
student loan refinance bill to incentivizing employers to provide
student loan repayment assistance.
Under the Arizona
Loan Repayment Program, qualified health care professionals working in Health Professional Shortage Areas can receive loan assistance to help pay off their student loan d
Loan Repayment Program, qualified health care professionals working in Health Professional Shortage Areas can receive
loan assistance to help pay off their student loan d
loan assistance to help pay off their
student loan d
loan debt.
The goal of this guide is to combine as many of the different ways to find
student loan forgiveness (and
repayment assistance) into one spot to make it easy for you to get help for your
student loan debt.
However, some employers have now jumped on the bandwagon in support of those who have
student loan debt by using a new trend in repaying these
loans termed employer based
loan repayment assistance programs.
A bill has been sent to Congress to amend the tax code that would make the first $ 5,250 of employer contributions toward
student debt assistance tax deductible, but Natixis chose to begin offering
student loan repayment assistance now rather than wait for the bill to officially pass.
Loan Repayment Assistance Programs (LRAPs) can help you manage your
student debt.
If your only significant
debts are government guaranteed
student loans, you will have to rely on the government's
Repayment Assistance Plan (RAP) for relief.
You may also still apply under the RAP for
student loan repayment assistance while dealing with your other
debts.
Your options for
repayment assistance are not the same for private
student debt like bank
loans.
American
Student Assistance and Salt Promote Income Driven
Repayment to More Than 1 Million
Student Loan Borrowers as Part of White House
Student Debt Challenge
The Alfond Leaders
student debt reduction program provides
student loan repayment assistance to people who live and work in Maine in a STEM -(Science, Technology, Engineering and Math) designated occupation at a Maine - based employer.
The Alfond Leaders
student debt reduction program provides
student loan repayment assistance to people who live and work in Maine in a STEM (Science, Technology, Engineering and Math) designated occupation at a Maine - based employer.
According to the Society for Human Resource Management, around 3 percent of employers currently offer some sort of
student loan repayment assistance program and many more employers are planning to add the perk in the coming years.These benefits particularly help millennial borrowers who have been graduating with overwhelming amounts of
student loan debt and struggling to pay it off.
Workforce solutions provider Kronos offers
student loan repayment assistance up to $ 500 a year to help «Kronites» pay off their
student loan debt faster.
The one downside of employer - sponsored
student debt repayment plans is that the IRS considers any
loan repayment assistance to be taxable income and employer contributions are not tax deductible.
For example, Natixis, a global management firm, began offering
student loan repayment assistance to help their employees handle their
debt.