MAT 1330 Lecture Notes - Lecture 4: Hewlett Packard Enterprise, New York Air, Fidelity Investments
6 Dec 2018
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New job benefits could provide employees relief from student debt. When joining a new company, there are often perks to consider: a company car, maybe a 401(k) plan. Total education debt stood at a staggering . 52 trillion at the end of march. And while the perk is by no means reserved only for millennials, it"s not lost on anyone that the average student loan borrower will have graduated this year saddled with more than ,000 in debt. One of the companies touting the new benefit is the same one fidelity investments that already handles millions of workers" 401(k) plans. It also enables employees to pay off their debt faster, which in turn allows them to focus on other savings priorities including buying a home, raising a family, their first house and saving for retirement. Among the early adopters fidelity says it"s teaming up with to offer the benefit: tech giant hewlett.
