Employers’ Brand New Perk for Millennials: Extra Assist Repaying Education Loan Financial Obligation

Employers’ Brand New Perk for Millennials: Extra Assist Repaying Education Loan Financial Obligation

Like scores of her peers, Nicole study graduated with thousands of financial obligation. Unlike many of them, she’s getting help that is direct her company to cover it right straight back.

The 26-year-old’s task at event manager reside country Entertainment in Beverly Hills, California, includes good results which may be beginning to get on at U.S. Companies: efforts to her education loan bills. Providing such a motivation helps companies attract potential employees as they grapple with tight work market conditions marked by way of a rate that is jobless its cheapest in very nearly five decades.

In Read’s instance, it is $100 four weeks. Because of this, “I’m paying like $30 over my minimal payment each month, therefore it’s gotten me personally to spend my interest off only a little quicker, ” she said. “It simply sort of offers me personally a bit of respiration room. ”

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