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.
employees indicated a student loan refinance benefit would be “very important” or “somewhat important”
employees report that issues with personal finances have been a distraction for them at work
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 study by Laurel Road in conjunction with LendEDU, June 2018
Source: Employee Financial Wellness Survey, PwC, 2017
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 could save your employees over $20,000+ 1 on average over the life of their loan student loans.
Unique financial benefits for the forward-thinking employer.
Boost recruiting and employee engagement by helping your employees reduce their student loan debt and save with our employer programDownload Now
1 Savings example: Average savings calculated based on single loans refinanced from 9/2013 to 12/2017 where borrowers’ previous rates were disclosed. 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.