As a result of the $1.4T student loan crisis, employers across the nation are starting to offer student loan repayment as an employee benefit to improve the financial well being of their workers. Early adopters include: Fortune 500 companies, startups and the City of Memphis. A bill co-authored by U.S. Rep. Scott Peters would make this employer contribution tax free. With increasing bipartisan support, the bill’s passage is expected to spur widespread adoption of this new benefit.
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