6 Ways to Help Employees Ease the Crush of Student Debt
Millennials are feeling the crush of student debt—but they aren’t the only ones. Generation Xers and Baby Boomers are also struggling to pay off their student loans or the loans they incurred to fund their children’s education. As a result, a growing number of employers are adding student loan refinancing programs to their voluntary benefits packages and total rewards strategies. Student loan refinancing programs (such as SoFi) enable workers to pay off their student loans faster, often saving borrowers thousands of dollars over the lives of their loans—money that can be put toward living expenses or the funding of other employer-sponsored