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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 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...
A person who receives a $5,000 company bonus and has a student loan with a $5,000 balance would be able to pay off the loan in full. Extra payments mean the debt will be paid off more quickly, but ...
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. Have student loans? These employers will ...
The ICR Plan has the fewest eligibility requirements. A borrower is only required to have an eligible loan. [2] The IBR and Pay As You Earn Plans require that the borrower demonstrate a "need" to make income-driven payments and have eligible loans. [2] The Pay As You Earn Plan is limited to those who borrowed recently.
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