Would millennials want to work for a company that paid off their student loans?
For plenty of college grads with heavy debt loads, the answer is a resounding yes.
PwC, formerly known as PricewaterhouseCoopers, has a popular loan-offset program for employees: PwC pays part of their student loans as a benefit, offering $100 a month in loan payments for up to six years. That can cut loan principal and interest by as much as $10,000 and shorten employees debt-payoff period by up to three years. About 8,700 PwC staffers are currently signed up for the benefit and 8,069 are receiving payments. Since launching the program in 2016, PwC among the first large companies to tackle the student debt issue via loan repayment has paid off $25.9 m…
Read the full article at: https://www.seattletimes.com/explore/careers/saddled-with-big-student-loans-these-companies-help-employees-pay-off-school-debt/