Student Loan Repayment Benefits on the Rise
Student loan repayment assistance programs are a growing employee benefit offering in the U.S. according to a new report from the International Foundation of Employee Benefit Plans, Education Benefits: 2024 Survey Report. The International Foundation last conducted this survey in 2019 and only 4% of organizations offered a repayment program at that time. In 2024, the percentage more than tripled to 14%. Another 18% of organizations are considering adding a program.
