8 Jobs That Pay Off Student Loan Debt

MONEYLIFEWAX.COM

Jobs that help pay off a portion of student loans are becoming more common and for a good reason. The average student loan borrower has $33,310 in student loan debt.

And with projections that millennials will make up 75% of the labor force by 2025, employers are becoming more conscious of the needs of their employees.

Still, companies that help to repay a portion of student loans are in the minority, so you may have to do some research to get student loan assistance as a benefit. To help you, here’s what to know about what’s available, companies that offer this perk, and what you can do to try and negotiate for it.

Jobs That Pay Off Student Loan Debt

Abbott Laboratories

Full- and part-time employees who qualify for the company’s 401(k) plan and contribute 2% of their pay toward student loan repayment, will receive a contribution of 5% of their salary in their 401(k) account. Employee 401(k) contributions aren’t required.

No. 1

Chegg

Full-time employees of the education company receive an annual contribution to their student loan payments.

No. 2

Estee Lauder

The beauty company provides employees with $100 per month in student loan assistance, up to a total of $10,000.

No. 3

Fidelity

As an employee of the investment brokerage firm, you’ll receive annual student loan repayment assistance—the maximum benefit is $10,000.

No. 4

Nvidia

If you’ve graduated within the last three years, Nvidia will match your student loan payments dollar for dollar up to $500 per month. The lifetime cap is $30,000.

No. 5

Penguin Random House

Employees who have been with the publisher for at least one year can receive up to $1,200 in student loan repayment assistance each year, for a total of $9,000 over seven-and-a-half years.

No. 6

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