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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 ...
Here’s a quick look at 11 companies that already help employees pay down student debt, based on 2022 reports from Real Simple, Money Crashers and Best Colleges.
In May, her employer GlobalFoundries launched a new student loan repayment program that provides qualifying US-based employees up to $28,500 in student debt relief.
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.
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 ...
The method can help you pay down debt faster, depending on the loan’s term. Cons of debt consolidation Loans require a good to excellent credit score (670 or higher).
President Biden's final round of student debt relief on January 16, 2025 has approved a total of $189 billion in loan cancellation for 5.3 million borrowers — more than any other president. [ 12 ] $78.5 billion in forgiveness for more than 1 million borrowers through Public Service Loan Forgiveness (just 7,000 borrowers had been approved ...
The White House estimates that the proposal would boost the number of borrowers getting relief to 30 million, which includes the 4 million who have already been approved for debt cancelation ...