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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 ...
Honeywell: Partners with Gradifi to offer qualifying employees $150 per month in student loan repayment assistance, up to a lifetime maximum of $10,000. Medix: Offers monthly contributions to ...
In 2019, just 8% of employers included student loan assistance in their employee benefits packages, according to research from the Society for Human Resource Management. Even that was a big step up...
Navient Corporation is an American student loan servicer based in Wilmington, Delaware.Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.
In July 2017, Mpower Financing's services became available in all 50 states due to a partnership between the company and Bank of Lake Mills. [10] In August 2017, Mpower Financing announced a $100 million debt round in order to offer more student loans. [10]
Total student loan debt has reached nearly $1.75 trillion, affecting 46 million Americans. According to Student Loan Hero, 55% of the class of 2020 took out student loans and graduated with an ...
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