Student loan borrowers have been on a wild ride over the past few years.
The onetime dream of widespread debt forgiveness has been extinguished, and a five-year reprieve for people who had defaulted on student loans expired in May of this year. This summer, the Trump administration will garnish the wages, tax refunds, and federal benefits of individuals in student loan default, in a move that could potentially impact millions.
It’s going to be a cruel summer for millions of Americans bracing for the worst, but there are steps that employers can take to support workers who are laboring under the financial burden of student loan debt.
Benefits geared towards student loan assistance have become more popular over the…