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Last week, congress passed the Consolidated Appropriations Act in response to the Covid-19 crisis. The bill extends a provision that allows employers to make tax-free contributions to employee student debt for the next five years.
January 12, 2021
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.
March 26, 2019
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.
October 17, 2018
Nearly half of borrowers say they would prefer student loan repayment benefits over a 401(k) plan. But student loan repayment benefits haven't caught on as much as 401(k)s just yet. Here's why.
December 5, 2017
"People who supposedly had so many doors open to them were choosing not to walk through the ones they wanted because of their student debt. These decisions weren't resulting in just a delay of pursuing one's dream: student loans were changing entire life trajectories."
February 15, 2018
Here's how instituting a suite of student loan benefits at your company can help everyone.
March 28, 2018
How money affects anxiety, and how employers can help their employees deal with it.
April 18, 2018
At TCB's Employee Healthcare Conferences, the future of benefits was on display.
April 24, 2018
CommonBond's new study shows how student loan benefits are crucial to financial wellness.
May 1, 2018
CommonBond's survey offers an inside look on how the tech industry is dealing with student debt.
May 9, 2018
Executives at Heap and CommonBond offer insight into implementing student loan benefits.
May 11, 2018
Here's how student loan benefits can be game-changing in the finance, insurance, and professional services industry.
May 15, 2018
The PURE Group's Joanna Stein-Weiner describes how student loan benefits have made a difference to the company.
May 23, 2018
There is a specific need for student loan benefits in the healthcare and pharmaceuticals industry.
May 24, 2018
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.
June 13, 2018
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).
June 18, 2018