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Employers can pay your student loans — why many don't and why that could change

Help My Career Published: April 27, 2023 at 7:15 a.m. ET ‘It looked like there was a lot of excitement and intent to offer going into 2020,’ a benefits expert said The tax code has ways to help people getting student loan repayment money from their job — but how many employers are jumping at

employers-can-pay-your-student-loans-—-why-many-don't-and-why-that-could-change

Help My Career

‘It looked like there was a lot of excitement and intent to offer going into 2020,’ a benefits expert said

The tax code has ways to help people getting student loan repayment money from their job — but how many employers are jumping at the chance?

MarketWatch photo illustration/iStockphoto

Employers can help staff pay down student debt, and there’s an increasing variety of ways they can do it as more tax incentives take effect and catch attention.

The perk is becoming more prevalent, but lawmakers and experts say company help with student loans is not a standard part of many benefits packages — at least not now.

There are more…

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