Nearly half of all workingadults say paying off college loans is a very important financialgoal — up 24 percent since 2014. (Photo: iStock)

Seventy percent of employers say improving their workers'financial wellness is a top benefitsobjective—up 15 percent since 2015.  They seethat poor financial health is causing problems for theAmerican workforce. More specifically, student loan debt is playinghavoc with employees' finances, their stress level and their ability to work towardsuch financial goals as saving for retirement.

Initial findings from the report “College Debt in America: The Case forTuition & Loan Repayment Benefits” from the Guardian LifeInsurance Company of America indicate that seven out of 10 workingAmericans with college debt put their finances at the top of theirstress list, compared with just four out of 10 who don't havecollege debt.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.