Tax perks nudging employers to help pay workers’ student loans
By next year, many large companies will likely add that perk for their workers, after they’ve had time to amend their IRS Section 127 Educational Assistance Programs, said Laurel Taylor, CEO of FutureFuel.io, a company that works with employers and individuals on student loan debt. More than 70% of employers provide tuition reimbursement assistance to workers, making that a more common benefit than a 401(k) match, Taylor said.