Student Loan Debt and How Employer Repayment Programs Can Help Employers and Employees | Sessions

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Concurrent Session
Student Loan Debt and How Employer Repayment Programs Can Help Employers and Employees
In-Person Friday 09/10/2021 04:00 PM - 05:00 PM   Add to calendar

Competencies: Business (Behavioral), Interpersonal (Behavioral), People (Technical)
Workplace Application:
Attendees will learn how student loan repayment programs improve talent acquisition and retention. 

Student loan debt is a growing crisis, as is the difficulty of finding top employees. What if there were an employee benefit that could help solve both of these problems? Student loan repayment is a benefit that helps reduce employees' student loan debt and creates goodwill for your organization, which increases employee engagement and retention. It is also a great recruitment tool. Student loan repayment programs show that an organization cares about the financial well-being of its employees. It's a great way to support employees where they are financially today, and where they want to be in the future.

Learning Objectives:

  • Understand the benefits of employer-provided student loan paydown programs.
  • Learn about alternative programs that allow employees to choose whether an employer match goes toward student loan repayment, a retirement plan or a combination of both.
  • Know the budgetary impact of these plans on employers.
Karen Gustin Photo
Presenter:
Karen Gustin, Executive VP, Group Division,
Ameritas to the SP