Student loan as corporate perk?


A recent study by IonTuition found that nearly 80 of those with student loan debt want to work for a company that offers repayment assistance. – 123RF

NOT so long ago, employers competed for younger workers with unlimited snacks and foosball tables. But with total student debt now at more than a trillion dollars in the United States, a new trend may be starting to emerge: debt relief as a perk.

Consulting giant PwC announced Tuesday that it is offering US$1,200 annually to employees at the two most junior levels to help pay down student debt. PwC hires 11,000 new employees a year from college campuses.

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