Student debt is holding your employees back: help them conquer it
Go beyond the 401(k) with Student Loan Management by Betterment at Work. Offer a financial wellness package that helps employees pay off their student loans—and gives you a powerful tool to attract and retain talent.
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Company
- Integrates with your 401(k) plan in one easy-to-use dashboard
- Gain a tax incentive by helping your employees pay their student loans1
- Take student loan support further with an optional match contribution
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Employees
- Gain a clear financial picture of student loans and 401(k) in one place
- Get advice on paying down and prioritizing high-impact loans
- Set up additional payments towards paying off student loans
Gain a competitive edge with a benefit employees want.
Student loans are an increasing financial obstacle for millions of people, and employees are looking to their companies for help.
86% of young workers say they'd stay at least five years with a company if it helped with student loans2
But only 8% of employers offer a related benefit2
42.8 million student borrowers are in debt by an average of $37,787 each3
More than 50% of employees believe their company should help them pay off student loans4
More than 50% of employees believe their company should help them pay off student loans4
A simplified experience.
We automate day-to-day management while giving you detailed reporting and analytics. Plus, we make it easy for employees to manage their financial lives—student loans, 401(k), and more—all from one platform.