More U.S. Employers Choose Gradifi To Offer Student Loan Repayment Benefit To Attract And Retain Talent
In January, 14 more employers said they would offer Gradifi’s SLP Plan® (Student Loan Paydown) benefit, an innovative HR solution that helps employees accelerate the pay down of their student loan debt.
Gradifi’s new clients include: Noble Consulting Services,
Gradifi’s SLP Plan benefit enables employers to make direct contributions to pay down an employee’s debt. Employers can also extend that benefit to parents who have borrowed to pay for their children’s education.
“More employers began offering Gradifi’s popular student loan repayment program in January because it is an effective way to attract and retain employees, particularly in a tight labor market,” said
According to research commissioned by Gradifi, 90% of those surveyed with outstanding student loan debt said a student loan repayment benefit would positively impact their decision to accept a job offer, to recommend an employer or to stay at their current employer. Eight in 10 consider student loan debt a significant source of stress, the study found.
A student loan repayment program can significantly accelerate the paydown of student debt. Nationally, the median amount borrowed for a bachelor’s degree is
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Elizabeth Yekhtikian, 617-686-9541
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Source: Gradifi
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