Student Loan Debt is Creating Demand for Better Financial Wellness Benefits
Student loan debt levels continue to rise to create more demand for employers to provide student loan assistance benefits. For the third year, we surveyed 1,000 student loan borrowers to determine their current repayment status and their desire for employer-provided student loan benefits. Some results from our report include: ► 8 out of 10 of respondents would like to work for a company that offers student loan repayment benefits. ► Two-thirds would prefer monthly contributions to their student loans over 401(k) benefits compared to 43 percent and 49 percent in previous surveys. ► 37 percent of respondents are unsatisfied with their current student loan repayment plan and 21 percent are not knowledgeable of their repayment options. Want to learn more?
Download the full report for free today!