Blog.
5 Voluntary Benefits You May Never Have Heard Of
Student loan benefits aren't the only incentives companies are using to recruit and retain new talent. Here are some other programs people are excited about: Student Loan Reimbursement What it is: Financial assistance to help pay back student loans. How it works:...
Private student loans: What you need to know
Ten percent of students rely on private student loans to cover their higher education costs. Questions about private loans, refinancing, and methods of repayment are common. Below is some of the information you should know about how private student loans work. Check...
Tips If You Can’t Afford Your Student Loan Payment
1 out of 10 student loan borrowers are more than 90 days delinquent on their student loan payments or in default. College is an expensive investment. Many students struggle to find a job after graduation (or after leaving school before graduating), and those that do...
5 Ways Companies are Modernizing Benefits Programs
Employee benefits programs are changing. Last year, the nonprofit International Foundation of Employee Benefit Plans (IFEBP) released a survey finding that 49 percent of employees don't understand their provided benefits, and 31 percent didn't perceive any value in...
How Does Revised Pay As You Earn (REPAYE) Work?
To learn more about income-driven repayment programs and to find out if you qualify for a REPAYE plan, visit the repayment calculators under IonManage on your IonTuition account! Sign in or sign up today!
Millennials Prefer Student Loan Benefits in 2017
Student Debt: A Growing Problem for All Employees 2017 Report Since 2015, student loan borrowing has increased with nearly 4 million additional students and parents taking out loans. We conducted surveys polling over 1,000 student loan borrowers each in 2015 and 2017....
Differences Between Income Driven Repayment Plans
The Consumer Financial Protection Bureau (CFPB) recently reported that 90% of the highest risk student loan borrowers were not enrolled in an affordable repayment plan. Millions of federal student loan borrowers can lower their monthly payments by enrolling in an...
Will You and Your Employer Qualify For Public Service Loan Forgiveness?
According to the CFPB, about 25 percent of America's workforce may qualify for Public Service Loan Forgiveness. Both employers and employees have to meet the qualifications for Public Service Loan Forgiveness. You can fill out an Employment Certification Form to see...
Student Debt’s Impact on Generation X
Student Debt Today Borrowers between 18 and 35 hold about 65 percent of all student debt. The fastest growing population of student borrowers are over 60, but make up only 5% of all student loan borrowers. The generation after the Millennials with the most student...
How good is your student loan benefit program?
Student loan debt is estimated at over $1.4 trillion between 44 million Americans. This burden has made employer-provided student loan benefit packages more popular. Companies using student loan benefit programs have had great results attracting and retaining talent....