The Need is Real

Nearly 40 million individuals in the U.S. have some sort of student loan and this number will continue to increase.

The average student loan debt for a recent college graduate is $35,000, the highest it has ever been.

$400 is the average monthly payment for a recent graduate.

So is the Benefit to Employers


80% prefer working for a company that offers repayment assistance. (Bloomberg)

49% prefer student loan repayment contributions over 401(k) contributions. (HR Daily Advisor)

55% would prefer their employer health benefit contributions go toward their student loan debt instead. (NFCC)


Employees are willing to stay at a job 36% longer if offered loan repayment assisance. (Millennial Benefit Preference Study)

58% of employees said better benefits would help them stay at their current job. (Forbes)


81% of employees admitted financial stress affected their productivity at work. (MetLife)

29% of Gen X employees said finances distract them at work. (PricewaterhouseCoopers)

20% of employees noted skipping work to deal with a financial situation. (MetLife)