Soon Your Employer May Pay Back Your Student Debt
A small tweak to the tax code could make student loan repayment the new 401(k).
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Imagine a world in which the standard benefit package at work includes health insurance, 401(k) contributions, and a few thousand dollars to pay off your student debt.
More companies than ever are offering that last perk, but it's still a fringe benefit. Two bills making their way through Congress could change that, by giving companies a tax incentive to help employees repay their student loans.