If you have federal student loans, chances are you're sweating the start of October. That's because a COVID-era moratorium on loan repayments is due to expire, meaning those bills will once again come due.
The IRS held a webinar to raise awareness about educational assistance programs that companies can use to help employees pay off student loans and other educational expenses.
According to Mick MacLavery, Co-Founder & CEO of Highway Benefits, student loan repayment as a benefit is an effective and efficient piece of compensation that creates multiple stakeholders.