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Warner, Thune, Malliotakis & Peters Introduce Legislation to Address Student Debt Crisis

WASHINGTON – Today, U.S. Sens. Mark R. Warner (D-VA) and John Thune (R-SD), alongside U.S. Reps. Nicole Malliotakis (R-NY-11) and Scott Peters (D-CA-50), introduced the Employer Participation in Repayment Act

Warner, Thune, Peters & Malliotakis Introduce Legislation to Address Student Debt Crisis

WASHINGTON – Today, U.S. Sens. Mark R. Warner (D-VA) and John Thune (R-SD), alongside U.S. Reps. Scott Peters (CA-50) and Nicole Malliotakis (NY-11) introduced the Employer Participation in Repayment Act.

How Employers Can Help Employees With Their Student Debt

In this episode, Gene Marks and Mick MacLaverty, a student loan expert, CEO, and co-founder of Highway Benefits, discuss the advantages of offering student loan repayment as a benefit at your company.

Student loan debt is a massive, $1.7T problem that requires many solutions that all need to succeed in order to bring it under control. Offering student loan repayment (SLR) as an employee benefit is one of those solutions, but far from the only one.

Mick MacLaverty

CEO at Highway Benefits

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More articles & coverage.

How the 401(k) match for student loan repayment works and who's eligible

Get an employer match contribution to your 401(k) when you pay off your student loans through the Secure 2.0 student loan payment match program.

Two benefits HR can consider to support employees with student loan debt

Absent more comprehensive legislation, some employers are stepping in to support workers with student loan debt.

Student loan repayments resume: How HR can help

There’s no doubt that student loan repayments will have an impact on your people and, ultimately, your business.

3 things employers need to know before student loan payments begin again

The pause on federal student loans is ending and companies can play a part in the solution to the student debt crisis.

Student Loan Repayment: The Next Great Employer Benefit?

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.

IRS showcases student loan assistance programs

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.

Preparing for student loan repayments with Highway Benefits

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.

Gen Z Braces For Its First Student Loan Repayments

Already struggling with soaring rents, recent grads now have a new monthly bill to worry about. They’re living at home, looking for employer help and trying to figure out changing repayment plans.

Have student loans? These employers will help you pay them off

Now that the Supreme Court has struck down President Biden’s loan forgiveness plan, more companies are looking to offer student debt repayment as a benefit.

For more, check out these resources.

Student loan debt among nurses in the US

Student loan debt among nurses in the US

3 things to expect for student loans in 2025: what the election results mean for student loans

3 things to expect for student loans in 2025: what the election results mean for student loans

4 strategies for paying off your student debt faster

4 strategies for paying off your student debt faster