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Tag: student loan repayment

The Student Loan Crisis: How Employers Can Help Their Employees

The student loan crisis continues to escalate. According to the Center for American Progress, roughly 43 million adult Americans (one-sixth of the U.S. population older than age 18) currently carry a federal student loan and owe $1.5 trillion in federal student loan debt. There is also an estimated $119 billion in student loan debt from private sources that are not backed by the government. That equates to one-third of all adults ages 25 to 34 are saddled with student loan debt. The Student Loan...

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