Blog.

Do Companies Even Want Millennials?

According to a Pew Research Center analysis, more than 35 percent of the American labor force participants are Millennial talent. This percentage makes Millennials the largest generation in the workforce currently. With so many Millennials as potential employees, it...

Best Practices For Repaying Student Debt

When it comes to student loan repayment, the sooner you can pay down your debt the better. This is particularly true for student loans with high interest rates. Here at IonTuition, we are passionate about offering the best practices for repayment. It is what inspired...

Student Loan Tax Tips For 2019

What could be a better combination than taxes and student loans? While these might be two of your least favorite topics, the reality is that they are critical components of your financial future. Tax season is one of the rare times of the year where your student loans...

All Types of People Default on Student Loans

Default happens when a borrower fails to repay his or her student loans according to the promissory note. For federal student loans, default occurs after 270 days without a payment. That's 9 consecutive months of skipping payments. Federal Student Loan Default Rates...

Companies Are Not Responsible for Repaying Employee Debt

There is More Consumer Debt Than Ever Before According to data from the Federal Reserve, non-mortgage related debt (credit card, auto loans, student loans, etc.) is growing at a rate of more than 7% annually to nearly $4 trillion. Americans are spending 10 percent of...

Is it Worth Retaining Your Employees?

Retaining your employees can be difficult. According to the Bureau of Labor Statistics, 38 million workers voluntarily quit their jobs in 2017. The number of quitting employees has increased each year since 2010. The impact on employers can be devastating, costing...

New Repayment Program Available for Health Care Workers

Health care professionals who treat drug addiction in shortage areas or in counties where the drug overdose rate is above average may qualify for repayment assistance from the Federal government. The Department of Health and Human Services (HHS) and is overseeing the...

What a Student Loan Benefit Isn’t

Every employee is in a different financial situation. Lower income employees can be financially stable, while top income-earners can be crippled with debt. Offering financial wellness benefits must relate to all types of employees, no matter their financial situation....

Most People Will Never Save Enough Money for College

Parents of a newborn who are curious about saving for your child's college education should consider the following: let's say the annual current cost of college is $25,000, college costs have an inflation rate of 4%, a college investment account returns 6%, and your...