5 reasons student loan repayment is the next big benefit
1. It has universal appeal.
2. It’s a great retention tool.
3. It requires little education.
4. It helps different demographics of employees.
But, these programs are also important for older workers. In fact, McQueen notes, 35% of all student debt is held by people over the age of 39. And a lot of them, too, have Federal Parent PLUS Loans, loans for parents to help finance their children’s college educations.