Student loan borrowers are facing a brutal new era, as the Trump administration begins to garnish the wages of people in default, and millions who were part of a Biden-era repayment program are hit with interest payments once more. The slow-motion crisis is only getting worse, but there are ways for employers to step in and help workers who are feeling the pinch.
There are several benefits that companies can offer employees struggling under unwieldy debt burdens, including matching student loan contributions to retirement plans, PTO exchanges, financial planning counseling, and education assistance programs.
