To add to existing research on the link between student loans and employee financial well-being, Commonwealth, with the support of the W.K. Kellogg Foundation, surveyed more than 600 working Americans with incomes between $30,000 and $75,000. These findings can help employers better understand the impact that student loans have on their employees’ financial lives and recognize employee preferences for workplace benefits that may address their needs.
A growing number of employers are offering student loan repayment assistance as a benefit to their employees to alleviate the student debt burden, and recent policies present new opportunities to do so.
