Why should you offer student loan benefits to your employees?

Millennials’ workplace priorities are shifting, and student loan assistance has risen to the top of the list. Student loan benefits are now above things like unlimited vacation days and 401k matches for the 40 million Americans saddled with student loan debt. Help your employees conquer their debt at no cost to your company.

71%

employees indicated a student loan refinance benefit would be “very important” or “somewhat important”

1 in 3

employees report that issues with personal finances have been a distraction for them at work

74%

of respondents reported feeling stress related to their student loan debt on a daily basis

 

Source:The Surprising Impact of Student Debt on the Millennial Mindset, A LendEDU and Laurel Road collaboration
Source: Employee Financial Wellness Survey, PwC, 2017

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Perks with real value

We’ll offer your employees lower interest rates that help improve their financial wellness thereby creating a more focused, engaged and productive team – all at no cost to you. We are an FDIC-insured bank who’s able to save employees over $20,000+ when they refinance with us.

Competitive Benefits

Advance your workforce

Unique financial benefits for the forward-thinking employer.

  • Custom program and experience for your employees
  • No cost to implement
  • Attract and retain top talent
  • Increase work place productivity and employee retention

Resources

Do you want to retain and attract employees?

Boost recruiting and employee engagement by helping your employees reduce their student loan debt and save with our employer program

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Disclaimers

1 Total savings calculated by aggregating individual average savings across total borrower population from 9/2013 to 12/2017. Individual average savings calculation based on single loans refinanced from 9/2013 to 12/2017 where borrowers’ previous rates were provided. Assumes same loan terms for previous and refinanced loans, and payments made to maturity with no prepayments. Actual savings for individual loans vary based on loan balance, interest rates, and other factors.

* Terms and conditions apply.