Technology
How are companies helping employees pay off student debt?
With student debt higher than ever in America, companies are finding unique ways to help their employees out of the student-loan hole.
As of June 2019, the national student debt is at an all-time high of nearly $1.6 billion, second only to national mortgage debt.
According to the Society for Human Resource Management (SHRM), around 4% of US businesses offer student loan assistance as a company benefit. That amounts to dozens of majors companies, including IBM, Staples, Peloton, Penguin Random House, and PricewaterhouseCoopers.
But some companies are finding more interesting ways of helping employees with their debt: They’re letting employees trade vacation days for student loan benefits, while others offer signing bonuses, company stock, or 401(k) contributions.
Here are six companies that are taking a unique approach to alleviating their workers’ student debt.
-
Entertainment6 days ago
‘Dune: Prophecy’ review: The Bene Gesserit shine in this sci-fi showstopper
-
Entertainment5 days ago
Black Friday 2024: The greatest early deals in Australia – live now
-
Entertainment4 days ago
How to watch ‘Smile 2’ at home: When is it streaming?
-
Entertainment4 days ago
‘Wicked’ review: Ariana Grande and Cynthia Erivo aspire to movie musical magic
-
Entertainment3 days ago
A24 is selling chocolate now. But what would their films actually taste like?
-
Entertainment4 days ago
New teen video-viewing guidelines: What you should know
-
Entertainment2 days ago
Greatest Amazon Black Friday deals: Early savings on Fire TVs, robot vacuums, and MacBooks
-
Entertainment2 days ago
2024 Black Friday ads: Greatest deals from Target, Greatest Buy, Walmart, Kohls, and more