Student Loan Repayment Assistance Benefits: August 2022 Pulse Survey
On August 24, 2022, President Joe Biden announced a decision on student loan relief. The three-part plan includes cancelling up to $20,000 in debt for borrowers who make less than $125,000 annually. The new relief plan may affect organizations’ considerations for student loan benefits.
To help plan sponsors navigate the changing landscape, the International Foundation launched a pulse survey on August 24, 2022 to understand what employers/plan sponsors are currently offering. The survey results also provide a glimpse into future considerations.
Members of the media can request a copy of the report from [email protected].
Organizations Currently Offering Student Loan Repayment Assistance Benefits (n=337)
Benefit Success in Achieving Specific Goals* (n=29)
*Respondents were asked to select all that apply.
Program Structure (n=29)
Current/Potential Challenges Faced by Offering/Considering Student Loan Repayment Assistance Benefits* (n=337)
*Respondents were asked to select all that apply.
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