Launching A Student Loan Repayment Benefit: A 5-Step Guide
Student loan repayment benefits are a hot topic.
86% of young employees would commit five years to an employer that would help pay off their debt.*Along with tuition assistance, student loan repayment programs are becoming a must-have benefit for employers-of-choice. Not only do they offer a significant impact on employees’ career goals, but on a company's talent recruitment and retention goals as well.
This guide addresses the factors to consider when designing, offering and managing a student loan repayment program. It also outlines best practices to extend a program's reach and maximize its impact.
*American Student Assistance Young Workers and Student Debt Survey Report, February 2017