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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 In his own words: “The Transform Your Workplace podcast is your go-to source for the latest workplace trends, big ideas, and time-tested methods straight from the mouths of industry experts and respected thought-leaders.” Contact Brandon and Xenium HR: Email Brandon.Laws@xeniumhr.com or connect on LinkedIn, Twitter, or Instagram. Learn more about Xenium HR at xeniumhr.com Follow Xenium on Twitter, Instagram, or LinkedIn. |