White Paper: The Student Loan Crisis
The student debt crisis is “a significant—perhaps the most significant—consumer finance issue threatening our nation at this time,” says former Consumer Financial Protection Bureau student loan ombudsman Seth Frotman, including “breakdowns and harmful practices that we would simply never permit in other markets.”
In our new white paper, The Student Loan Crisis: A High Leverage Moment for Designing and Facilitating Employer Engagement in Student Loan Debt Assistance, we explore the critical role employers can play in alleviating the crisis by offering personal financial coaching in combination with programs like Loan Repayment Assistance Programs (LRAPs) to reduce workers’ student loan burdens.
45 million […]