student loan debt Last week the Trump Administration announced a massive stimulus package to help relieve American consumers in light of the coronavirus outbreak. As part of the relief measures,…
What's new on student loans and employee benefits.
women Yesterday was International Women’s day! In the spirit of celebrating all of the strong women in all of our lives, we want to highlight one inequity that gets little attention.…
Celebrating International Women's Day: How student loans affect Women
Recruiting Student loans are one of the hottest topics dominating the news, media, and overall mindshare of society right now. Presidential candidates are all laying out their plans for…
Hottest benefits of 2020: Student loan benefits gain traction
Goodly’s Top 5 Student Loan Repayment Benefit Stories of 2019
Nonprofit adds student loan repayment program as a benefit for employees
Employee Retention Customization for certain employees is the key to building a benefits package that appeals to employees of all ages and varying goals.
How to retain employees? Give them options
student loans It’s 2019. It’s the Year of the Pig. And it’s time to get greedy. The country has a student loan crisis, so chances are you or someone you know is working to back their debt. But,…
Tips to Pay Off Your Student Loans Faster
women Student loan debt has eclipsed $1.6 trillion in the United States, and women are shouldering the majority of the weight. While women make up 56% of American university students,…
Women Hold the Majority of Student Debt
millennials Today’s workforce spans many generations, and employers need to be building benefits packages that cater to all of them. The job market is tight, and employee benefits are a great…
Multigenerational Benefits Packages, Something for Everyone
Volunteering No one enjoys living a life in debt but everyone has to pay for college somehow. For many people, that means resorting to taking loans. Unfortunately, student loan debt is quickly…
How to Pay Off Your Student Loans Without Using Your Paycheck
student loans Another troubling trend has emerged in the midst of the student debt crisis in America. Student loan delinquency hit record highs in consecutive quarters to finish out 2018. In…
Student Loan Delinquency Hits Record High
Benefits Broker Being a valued employer comes from being in tune with your employees’ needs and granting them the necessary resources to be productive and successful within the company. The best…
How to Get the Most Out of Your Benefits Broker
student loans A new Student Lending Survey by Citizens Bank suggests that graduates regret not doing more thinking towards the future as it pertains to student loans. Of those surveyed, 74%…
Student Loan Debt Regrets
Veterans Almost everyone knows that active military members and veterans are entitled to various education benefits like the GI Bill. However, even with the various programs for service…
Watch Your 6: How Student Loans Affect the Military
Reduce Employee Attrition What makes your company a preferred landing spot for a long career? Showing that you care for your employees and have what it takes to support their growth. And we're not talking…
Finally Something that Benefits Employers
washington We’ve been saying it for awhile, but student loan repayment is really starting to heat up in the employee benefits space. U.S. student loan debt has eclipsed $1.6 trillion and is…
Tax-Free Student Loan Benefits: Washington Debates
Fewer Turnover Costs The latest benefit has the block hot with HR managers, talent recruiters, total rewards directors, and more all raving about how student loan repayment assistance is the best…
Companies Find More Upside in Attracting & Retaining Employees
student loans You probably have already heard the statistics. 44 million Americans are in student loan debt. 7 out of 10 graduates had to borrow to afford school. The national student debt…
Ways To Pay Off Student Loan Debt With Other People's Money
presidential candidates We are still more than 20 months from the 2020 Presidential Election, but campaigns are already underway for the Democratic Party nomination. As the student loan debt balance…
Campaign Trail: Early Presidential Candidates on Student Debt
student loan repayment People are obsessed with trying to predict the future. Will robots become sentient and take over the planet? Will President Trump be re-elected for a second term? Will Tom Brady…
Benefits Packages of the Future
milenials The technological revolution has lowered the barriers to entry across many different industries. The ubiquity of technology has slashed costs and made it possible for small…
Student Loans are Hindering Entrepreneurship for Millennials
Fringe Benefits Standard enterprises are evolving in order to get ahead of their competitors. The latest benefits movement now allows employees to get the best of both worlds within their yearly…
Best of Both Worlds: Retirement Plans with Student Loan Benefits
bay area The Bay Area is one of the most expensive regions to live in the United States, and a new study by Experian suggests that area residents are in struggling with finances more than…
Student Loan Debt in the Bay Area and Beyond
Student Loan Benefits With the job market reaching new heights, employers are learning that it is becoming increasingly harder to differentiate themselves as a preferred destination for top talent.…
Student Loan Repayment Benefits Catch Wind
Employee Financial Wellness History shows us that Americans, in general, aren’t the best financial planners when it comes to saving up for what is to come later down the road. All in all, everyday Americans…
Playing Catchup: How Employees Face Financial Woes in 2019
Paid Vacation Days Everyone can agree that our nation’s student debt crisis is becoming an issue that can only be ignored for so long. However, many companies are doing their part to help employees…
Vacay or Student Debt PayDay: A New Approach to Paying Off Student Loans
baby boomers Guardian recently released their 6th Annual Workplace Benefits Study. The report contained some eye-popping statistics. College tuition has increased nearly 400% since 1990, while…
Student Debt: A Multi-Generational Issue
BridgeTech BridgeTech, an IT consulting company that provides enterprise proven IT solutions to small businesses, announced today that it has partnered with Goodly to offer student loan…
BridgeTech Partners with Goodly
employee benefits Talking with your employer about personal finances can be awkward. Admitting to them you are struggling with student loan debt can be downright petrifying. But, if you are one of…
How to Ask Your Employer for Student Loan Repayment Benefits
student loan benefits With the job market being so competitive today, employers are seeking new ways to compete against other top companies for new talent in their sector while, at the same time,…
The Latest Outlook on the Benefits Industry
coding academy As the cost of tuition skyrockets, people continue to debate whether college is truly worth the price. The debate typically pits the cost of attendance against the salary…
How to Make College Accessible for All
fringe benefits As low unemployment rates tighten the labor market, employers must for new ways to attract top talent. Employees are demanding more robust benefits packages from their employers…
Fringe Benefits Explained (And Why You Should Care)
jobs Employers are finally starting to take notice that perks like stock options and paid vacation days are no longer enough to recruit and retain, especially in the current, highly…
Using employee benefits to attract and retain talent in today's job market
employee benefits Payroll trends are showing that companies are investing less money in raises for their employees, and more in benefits packages. This is following reports by One Medical Group on…
Companies turning to better employee benefits over annual raises
Student Loans Thirty years ago, moving away from home and settling down was common procedure for recent college graduates. Today, however, that life plan is becoming more of an “Once upon a…
The Real Costs: How Student Loans Are Ruining The American Dream
public service loan forgiveness The Public Service Loan Forgiveness program seemed like a small but necessary action to combat the student debt crisis when it was enacted over ten years ago, even before the…
Lack of Forgiveness in the Public Service Loan Forgiveness Program
homeownership Federal Reserve economists recently published a study on the impact of the $1.5 trillion student debt balance on the financial situation of young adults in America. Their findings…
Are Millennials Killing Homeownership or are Student Loans Killing Millennials?
Employers With $1.6 trillion in student loan debt weighing down millions of Americans, student loans have become a crippling epidemic that is troubling young workers entering the job market…
Employers Offering Student Loan Benefits Have the Upper Hand
retirement savings For 2.8 million Americans, even a lifetime of work has not been enough to pay off their student loans. While about 700,000 Americans were carrying student loan debt into…
Student loan debt just another road block to retirement savings
HR Benefits More companies are now helping employees pay off student loans
Companies are Jumping on the Student Loan Benefits Train
Millennials Maddie Olmstead thought she did everything right. She worked through graduate school, obtained a law degree and began working as a corporate attorney, getting paid a six-figure…
How 5 Millennial Borrowers Got Serious With Repayment
Latest HR Myth Busted by Human Resource Experts
parents The national student debt balance continues to skyrocket, but it’s not just students feeling the crushing weight. Millions of parents have taken out Parent PLUS loans to support…
Parent PLUS Loans: A Growing Crisis
HR Benefits Although some of these benefits are newer and not very common, they are some of the most favored benefits as the new year dawns. Likewise, some of these benefits were still new…
4 Terrific Work Benefits That Help You Pay Off Your Student Loans
student loans A recent report from the Consumer Financial Protection Bureau shows that many grads are waiting longer to start student loan repayment and taking longer to pay off those loans.…
Why Your Company Needs to be Offering Student Loan Repayment Benefits
happy According to the American Psychology Association, money is the leading source of stress for American adults. Debt, especially, increases stress and negatively affects overall…
Eliminating Debt Leads to Happiness
student loans Armed with hunger, ambition and thousands of dollars in student loans, Gen Z and millennials are eager to join the workforce. However, the usual financial tendencies for…
Why Everyone is Craving Student Loan Benefits
student loan Today, over 44 million Americans hold a collective student loan debt of roughly $1.5 trillion with an average monthly payment of $351. Even though many are suffering under the…
What Employees are Willing to Sacrifice for Student Loan Help
benefits The face of employee benefits and perks underwent significant change during 2018 and has left employers scratching their heads in terms of how to allocate their employee benefit…
Most Desirable Benefits for 2019, According to Employees
student loans It is not surprising that student loan debt has an impact on retirement savings. What is surprising, however, is that there is no correlation between the amount of debt and the…
The Impact of Student Loans on Retirement Savings
student loans While the Open Enrollment Period for 2019 wrapped up in mid-December, benefits managers are already looking ahead to new offerings and benefits changes for next year. As medical…
Top 3 Trends in Voluntary Benefits in 2019
Financial Wellness Healthcare is becoming more preventative, holistic, and consumer-centric. With millennials looking for a more holistic approach to health, financial wellness is becoming more of a…
The Future of Financial Wellness
AFBC According to the American Financial Benefits Center (AFBC), student loan debt continues to be the fastest growing type of consumer debt in the U.S. Student loan debt has increased…
AFBC Reports Student Debt Continues to Grow Faster than Any Other Consumer Debts
How to File for Federal Student Loans
How Your Spouse's Student Loans Affect You
debt Some borrowers have been able to save enough, despite being shacked with loan payments, to now pay off your loan in its entirety. This leads to the natural question: Should I pay…
I Have Enough to Pay My Student Loans Off in a Lump Sum. Should I?
diversity Investing in the workplace culture and environment has become an increasing area of focus for companies of all sizes across every industry. This post explores research and…
Optimizing Your Diversity and Inclusion Efforts
education When considering the quality education provided by Ivy League institutions, too often students overlook just how expensive these institutions can be. Despite Ivy League colleges…
The Long Term Expenses of an Ivy League Education
Women According to The Student Loan Report, the total outstanding student debt load of about $1.6 Trillion is spread across nearly 45 million borrowers. While the pressure of this…
Why Women Hold Two-Thirds of All Outstanding Student Debt
Student Loan By starting to save now, you're giving your money -- however little it is -- time to grow on its own. The magic of compound interest means that you can contribute less money for…
How to save money to pay off your student loan faster
Benefits In red hot hiring market, a generous benefits package is essential for attracting and retaining top talent. According to Glassdoor’s 2015 Employment Confidence Survey,about 60% of…
Best Employee Benefits for 2018
Student Loan Repayment Agonizing over student loans? You are not alone — in 2018, Americans owed over $1.6 trillion in student loan debt.
Companies Offering Student Loan Benefits
Student Debt The default rate statistics that are used and published by the federal government may not be showing the whole picture. Government statistics show that only 10 percent of…
Things May Be Worse Than They Seem For Student Borrowers
People Operation Four Steps to Increase Employee Lifetime Value Shorten an employee’s ramp time to become a fully contributing member of the team Increase how high they can go (in terms of output)…
How to Understand the ROI of Investing in People
Personal Finance Strive to save 10-20% of your income Pay your credit card balance in full every month Max out your 401(k) and other tax advantaged accounts Never buy or sell individual stocks Buy…
All the financial advice you'll ever need fits on a single index card
Retain Employees leave organizations for many reasons; oftentimes these reasons are unknown to their employers. Employers need to listen to employees’ needs and implement retention…
Strategies for Retaining Employees and Minimizing Turnover
Student Loan College is expensive. It probably won’t surprise you to learn that the average graduate leaves school with more than $39,000 in student loan debt.
How to Pay Off $30,000 of Student Debt in 3 Years
IRS A recent IRS ruling opens the starting gate for companies to help employees pay off student loans while also saving for retirement.
IRS gives companies new way to help employees tackle student loans
Student Loan What if we said that an employer is going to help you pay off your student loans? Would it entice you to work for them even further?