This city is helping its employees pay off their student loans

June 8, 2017 | | Market Watch |

Employers’ growing interest in helping workers pay back their student loans “reflects that many, if not most, workers entering the workforce have to contend with their student loans,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. [...]

“An employee benefit that helps employees pay off their student loans by definition helps people who have jobs,” Huelsman said. “We know that the people who are most likely to struggle mightily with repaying loans are probably less likely to be steadily employed and are more likely to be unemployed. This is something that may help some people, but it’s not going to be a benefit that’s available to the people that really need the help.”