U.S. borrowers have nearly $1.6 trillion in student loans with an average balance of more than $37,000. Student loans are the second-largest category of consumer debt in America after mortgages.  It’s no surprise that 9 out of 10 recent college students with debt were looking for a company that provides a student loan repayment benefit, according to a survey by medical device maker Abbott, which started its own program in 2018.

But, are student loan repayment benefits a good fit for your employees?  HRCI suggests three steps to take before launching your own program.  Read more.