Modern Management
More US Firms Offer Student Loan Help to Debt-Burdened Grads
With student loan payments set to resume this fall, employers offering help may gain an edge in recruiting soon-to-be graduates.
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The share of employers offering student loan repayment benefits is climbing as companies hope to gain a competitive advantage in recruiting younger workers in a still-tight labor market.
The share of full-time job listings mentioning student debt repayment programs has more than doubled since 2019, according to an analysis by job site Handshake. The benefit, though, is still relatively rare: It shows up in only 3% of job posts.