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money and mortarboard Only about 4 percent of employers offer student loan benefits, so it’s one of the best ways to set your company apart when recruiting top millennial talent. (Photo: Shutterstock)

It’s a commonly cited statistic: Americans have more than $1.6 trillion in outstanding student loan debt. In fact, student loan debt is so crippling that in 2016 the New York Fed sounded an alarm about negative household income, and its potential impact on the future of the economy.

Related: 10 states with the highest average student loan debt

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