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Medix: Offers monthly contributions to student loan repayment. New York Life: Gives employees up to $170 per month for up to five years for student debt. Eligible workers can reduce their debt by ...
As a student loan company, CommonBond’s efforts to help employees pay down their student loan debt feel natural. In 2015, the company began offering up to $100 per month in student loan ...
Story at a glance Student loan debt is the second-highest consumer debt category after mortgages, with the U.S. holding $1.7 trillion in outstanding loan debt. At least 30 companies offer a ...
Find Out: 6 Ways To Lower Your Student Loan Debt Interest Rate. This potential increase stems from several factors, including the expiration of relief policies, policy changes, and broader ...
Paying off student loans can seem like an impossible task, especially when high interest rates mean loan amounts keep increasing. But student loan relief can provide a lifeline for borrowers in need.
The trend of heavy debt burdens threatens to limit access to higher education, particularly for low-income and first-generation students, who tend to carry the heaviest debt burden. Federal student aid policy has steadily put resources into student loan programs rather than need-based grants, a trend that straps future generations with high ...
In 2018, the group joined the American Federation of Teachers to launch an investigation into the failure of the Public Service Loan Forgiveness program. [15] Over the course of three years, Student Borrower Protection Center supported litigation by teachers and uncovered evidence of government mismanagement and industry abuses across the student loan system, including evidence that Public ...
While Biden managed to forgive roughly $180 billion in student loan debt for about 5 million Americans, he failed to enact the sweeping relief he'd envisioned. A maze of litigation and ...