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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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October 31, 2026
Stupid 'debt surfer' mistake cost me £1,000s & I bet you’re making it too, how to avoid it in four steps – The Sun
October 31, 2026
Top 10 African countries with the lowest debt to the IMF in October 2026
October 31, 2026
Nvidia in talks for Nscale’s Anthropic AI data centre debt support, ETDatacenters
October 31, 2026
New World stock turns to REIT spin-off and asset sales for debt relief
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Beshear talks economic zones, medical debt relief in Team Kentucky update – FOX 56 News
October 31, 2026
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