Student Debt: A Growing Problem for All Employees

The United States now carries $1.31 trillion in student loans - that's more than auto loans ($1.16 trillion) and credit card debt ($779 billion). Student loan debt has become a major concern for millions of Americans.

We surveyed 1,000 student loan borrowers in 2015 and reported that respondents want student loan assistance benefits from their employers.

We repeated that survey for 2017 and found the number of respondents preferring student loan assistance over traditional benefits has increased.

Some results from our report include:

80 percent of respondents would like to work for a company that offers student loan repayment benefits compared to 70 percent in 2015.

Over half would prefer monthly contributions to their student loans over health care benefits compared to 43 percent in 2015.

49 percent of respondents would choose student loan assistance benefits over a 401K plan. This is a 6 percentage point increase from 2015.

Want to learn more? Download the full report for free today!

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