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More Companies Helping Employees Repay Student Loan Debt – Yahoo Finance

The list of companies deciding to help employees with their student loan debt is growing. Aetna recently announced that next year it’ll match eligible employees’ student loan payments up to $2,000 per year, with a maximum benefit of $10,000.

Only 4 percent of companies offer a student loan repayment assistance benefit, according to the latest annual survey by the Society of Human Resource Management. But Lenny Sanicola, a benefits expert at WorldatWork, a nonprofit association of 70,000 mostly Fortune 500 human resource professionals, says that the perk is catching on.

Given that the average amount of student debt is about $37,000, $10,000 is a significant benefit. That, matched with the grad’s payments, can help retire more than half t…

Read the full article at: http://finance.yahoo.com/news/more-companies-helping-employees-repay-215541379.html

Category: Debt HelpBy Insolvency GuardianAugust 22, 2016

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More Companies Helping Employees Repay Student Loan Debt – Yahoo Finance

The list of companies deciding to help employees with their student loan debt is growing. Aetna recently announced that next year it’ll match eligible employees’ student loan payments up to $2,000 per year, with a maximum benefit of $10,000.

Only 4 percent of companies offer a student loan repayment assistance benefit, according to the latest annual survey by the Society of Human Resource Management. But Lenny Sanicola, a benefits expert at WorldatWork, a nonprofit association of 70,000 mostly Fortune 500 human resource professionals, says that the perk is catching on.

Given that the average amount of student debt is about $37,000, $10,000 is a significant benefit. That, matched with the grad’s payments, can help retire more than half t…

Read the full article at: http://finance.yahoo.com/news/more-companies-helping-employees-repay-215541940.html

Category: Debt HelpBy Insolvency GuardianAugust 22, 2016

Post navigation

PreviousPrevious post:4 ways to get help with your student loan debt – MarketWatchNextNext post:Dubai developer Nakheel brings an end to debt restructuring saga … – The National

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Carmel refinances debt to help offset reduced property tax revenue – Current Publishing
June 4, 2026
Wealth Wednesday: Younger people looking for help to get out of debt
June 4, 2026
Caribbean leaders demand urgent climate finance and debt relief – Barbados Today
June 4, 2026
Connecticut Erases $513 Million in Medical Debt for Nearly 100,000 Residents
June 4, 2026
Caesars’ debt weighs heavily on Fertitta’s billion-dollar offer – CDC Gaming
June 4, 2026
Accredited Debt Relief Named One of America's Best Online Platforms by Newsweek, Ranked Among the Nation's Top Financial Services – goSkagit
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