Best Perk Ever? Some Employers Now Offer Student Loan Repayment

Student loan
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By Jen Hubley Luckwaldt


If someone asks you how much you get paid, you probably answer with a dollar amount (or politely ask them to mind their own business). But the real value of your compensation comprises more than just the numbers that appear in your direct deposit at regular intervals. Perks like health insurance, 401(k) match, bonuses, and so on, save you money or make you money and contribute directly to your bottom line. Now, a few companies are introducing what might be the ultimate money-saving perk: cash to repay student loans ahead of schedule, thus potentially saving employees thousands in interest.