10 companies that will help you pay off your student loans (and let you travel the world)
The student debt burden is a huge problem in America: According to the latest student debt statistics for 2021, over 45 million borrowers owe a whopping $ 1.7 trillion in student loans, which is roughly $ 39,351 per person. During the Covid-19 pandemic, President Joe Biden canceled nearly $ 10 billion in student loans and also allowed borrowers to suspend payments.
But what if you’re not one of those lucky guys? There is good news on the student loan front, according to FlexJobs, a job search site specializing in flexible and remote jobs. A handful of companies in the United States are now offering student loan repayment assistance, helping employees with debt relief.
And here’s more good news: Many of these companies will also let you work from home or anywhere. This means that you can travel the world with less financial obligation and earn money at the same time. Since almost 60% of workers say they would prefer to work remotely 100% of the time after the pandemic, that’s an interesting proposition.
Here are 10 companies (listed alphabetically) that will help you pay off your student loans and keep you working wherever you are, so you can travel the world debt-free.
The company: A health research company, Abbott manufactures medical, nutritional and pharmaceutical products, as well as medical instruments, tests and more. The company has been recognized as one of America’s 50 Happiest Companies. There are remote jobs in marketing, medical sciences, and more.
Student loan details: Under the direction of the company Freedom 2 Save (F2S), employees who contribute 2% of their salary towards the repayment of the student loan will receive a 5% consideration towards a 401k plan.
The company: Aetna is a division of CVS Health, providing health insurance services to over 50 million members. There are remote jobs in consulting, insurance, customer service, and research, among others.
Student loan details: Aetna provides repayment assistance for matching student loans to employees who have eligible loans for degrees obtained within certain guidelines
3. American family insurance
The company: American family insurance offers insurance in a variety of categories: life, home, health, auto, business, agriculture, and more. The flexible jobs offered by the company are in career categories such as event planning, project management, human resources and recruiting, web design and administration.
Student loan details: Eligible employees who completed their education with an associate’s degree or higher and who have student loan debt will receive a monthly contribution of $ 100 to help repay it, with a lifetime maximum of $ 10,000.
The company: Coincidently, CommonBond specializes in helping people finance student loans. In the past, remote jobs included categories like accounting, finance, legal, IT, and project management, to name a few.
Student loan details: Employees receive up to $ 100 per month for student loans– no cap on the amount you can get during the time you work there.
5. Fidelity Investments
The company: The siege of Boston Fidelity Investments is a financial services company. Remote roles range from trader positions to investment consultants.
Student loan details: Fidelity offers a program called Student loan help a step ahead, which offers employees up to $ 10,000 to use to pay off student loans.
The company: A recruitment and recruitment company, Medix serves the healthcare, life sciences and IT industries. Remote roles run the gamut from customer service to engineering.
Student loan details: Medix offers its employees $ 50 per month use to repay their student loans.
7. New York life
The company: The New York based New York life is a leader in the field of mutual insurance. Roles include marketing, account management and more.
Student loan details: Over a five-year period, New York life contributes $ 170 per month to student loans– which can represent up to $ 10,200.
The company: A technological company, NVIDIA designs products for sectors ranging from gaming to automotive. Remote roles are varied, including writer, game engine artist, software architect and more.
Student loan details: At NVIDIA, employees can apply for student loan repayment up to $ 30,000-or $ 6,000 each year.
The company: Parallel is a division of HCA Healthcare, which was named one of FlexJobs’ Top 100 Companies with Remote Jobs.
Student loan details: Parallel student loan assistance program gives eligible full-time employees a monthly benefit of $ 150, or $ 75 for part-time employees
10. Weed Cards
The company: Weed Cards is on a mission to find solutions and transform the cannabis industry. Marketing, media, and recruiting are just a few of the areas that offer remote working options.
Student loan details: For each employee, Weedmaps will pay $ 1,000 per year for student loans. The amount is paid in monthly installments of $ 83.33 per month.
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