As benefits become more flexible and companies look for ways to improve the financial wellness of their workers, look for announcements like this more often: a book publishing company has joined the ranks of businesses offering a student loan repayment benefit to their employees.
Penguin Random House has partnered with Gradifi in a program to assist employees in paying off student loan debt.
Currently Americans owe close to $1.3 trillion in student loans, impacting how well they can keep up with their everyday expenses and farther down the line, impeding how well they can save for retirement.
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