More companies might start paying off Millennial employees’ student loans, thanks to Fidelity. The financial company rolled out a program to let employers pay off student loans directly at regular intervals, like investing in health savings accounts or 401(k)s. About 4% of companies currently offer similar repayment plans, through smaller players like SoFi and Student Loan Genius. Fidelity’s entry, based on “broad interest from companies across the spectrum,” could be a turning point and mean more will need to offer the incentive to stay competitive. (BuzzFeed)
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