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Podcast: Human Resources for Small Business
Episode:

Lifting the Student Loan Burden with Naveed Iqbal

Category: Business
Duration: 00:27:40
Publish Date: 2022-08-09 21:38:26
Description:

It’s time to address a growing issue in the workplace: recently-graduated employees who are struggling under the burden of student loan debt. Is repayment solely the responsibility of the borrower? The government? The employer? According to guest Naveed Iqbal, co-founder and CEO of Dolr, education benefits everyone, so we all should share the burden of paying for it. 

TAKEAWAYS

  • The burden of student loan repayment hinders young people from starting families earlier, buying homes, and saving for emergencies or retirement.
  • Employers could be part of the solution by providing innovative benefits for those with educational debt.
  • Despite Gen Z’s tendency toward fiscal responsibility, they are given little information or knowledge about how to optimize their finances.
  • The student loan crisis is centered around borrowers not having an understanding of what it means to make payments versus defer payments. 
  • Dolr believes that education benefits everyone, so everyone should play some role in paying for it.

 

A QUICK GLIMPSE INTO OUR PODCAST  Podcast: Transform Your Workplace, sponsored by Xenium HR ️ Host: Brandon Laws

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