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Among the ideas is for the private sector to help pay down loans — including companies whose employees are saddled with debt. ... 1,200 per year toward employees’ student debt. The program ...
Streaming giant Hulu offers employees $1,200 every year to help them pay off their student loan debt. That’s $100 per month toward the principal balance of your loans, up to $6,000 in total.
Now that the Supreme Court has struck down President Biden's loan forgiveness plan, companies are looking to offer student debt repayment as a benefit.
Morgan now expects to fully pay off her remaining $16,000 student debt balance by 2028 — four years earlier than planned. "Paying off my student loans at a much faster rate will allow me to save ...
From 1994 to 2015, according to ECMC, they returned $4.3 billion to the U.S. Treasury. [2] According to ECMC the company works to reduce student-loan default rates and provide resources to help students repay their loans, and promotes financial literacy and student success in higher education. [3]
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 ...
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