
The crippling weight of student loan debt is a significant concern for many young professionals, impacting their financial stability and career choices. Increasingly, forward-thinking employers are recognizing the value of offering student loan repayment assistance as a competitive employee benefit. This comprehensive guide explores the multifaceted aspects of student loan employer benefits, examining their impact on recruitment, retention, program design, and long-term financial implications for both employers and employees. We’ll delve into the various types of assistance programs available, the tax implications for both parties, and offer practical advice on program design and implementation. Real-world examples and case studies will Read More …