Subscribe

Work benefits

The Employer Participation in Repayment Act: FAQ

We believe that employer student loan repayment should be tax-free. To help share more information about this bill and the impact it would have on solving the student debt crisis, we've put together this handy FAQ.

CommonBond Staff

·

March 26, 2019

How human resources managers can make discussions about student loans easier for employees

According to a recent Forbes article, student loan debt is second only to mortgages in categories of U.S. consumer debt by amount—making it greater than both the credit card and auto loan categories. Graduates in the class of 2016 had an average of $37,172 in student loan debt.

Halona Black

·

October 17, 2018

The U.S. Is in a student debt crisis. Employers can help fix it.

In a struggle to keep up with the rising costs, students are borrowing more in college loans than ever before, leaving many graduates and their families buried in debt post-graduation.

Leigh Gross

·

June 13, 2018

Retail employees need student loan benefits, but companies have been slow to act

Overall, the retail industry is greatly affected by student debt: 49 percent of retail employees CommonBond surveyed carry student debt, which puts it second place out of all industries surveyed (behind only the tech industry).

Scott Fried

·

June 18, 2018

Research Shows Automotive and Manufacturing Employees Want Student Loan Benefits

Employees with student debt in the automotive and manufacturing industry are in special need of benefits addressing it.

Scott Fried

·

June 29, 2018

Products

RESOURCES

COMPANY

Contact

CommonBond intends to conduct its daily operations in an equal and fair manner with customers and Third Parties alike. CommonBond does not discriminate on the basis of an applicant's race, marital status, nationality, gender, age, or religion; an applicant whose income is derived from a public assistance program; or an applicant who, in good faith, exercised rights under the Consumer Credit Protection Act.

DISCLAIMER: Offered terms are subject to change and state law restrictions. Loans are made by CommonBond Lending, LLC (NMLS # 1175900). CommonBond is not affiliated with the school you attended or are attending. None of the information contained in CommonBond's website constitutes a recommendation, solicitation or offer by CommonBond or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.

© 2019 CommonBond, Inc. | All Rights Reserved