10 Companies That Will Help You Pay Off Your Student Loans (And Allow You To Travel The World)
The burden of student loan debt is a massive problem in America: According to the latest student loan debt statistics for 2021 more than 45 million borrowers owe a whopping $1.7 trillion student loans, which works out at about $39,351 per person. During the Covid-19 pandemic, President Joe Biden nearly $10 billion canceled in student loans and allows borrowers to take one pause paymentsalso.
But what if you’re not one of those lucky ones? There is good news on the student loans front, according to FlexJobs, a job search website specializing in flexible and remote employment. A handful of companies across the US are now offering student loan repayment assistance and helping employees pay off their debts.
And here’s some good news: Many of these companies also allow you to work from home — or from anywhere. This means you can travel the world with fewer financial commitments and make money at the same time. There almost 60% of workers say they would prefer to work remotely 100% of the time post-pandemicthis is an attractive offer.
Here are 10 companies (listed in alphabetical order) that will help you pay off your student loans and allow you to work from anywhere — so you can travel the world debt-free.
The company: a health research company, dept manufactures medical, nutritional, and pharmaceutical products, as well as medical instruments, tests, and more. The company was recognized as one of the 50 Happiest Companies in America. There are remote jobs in marketing, medicine, and more.
Student loan details: Under the company Freedom 2 Save (F2S) program, employees who contribute 2% of their paycheck toward student loan repayments receive a 5% supplement to a 401,000 plan.
The company: Aetna is a division of CVS Health, which provides health insurance services to over 50 million members. Remote jobs include consulting, insurance, customer service, and research.
Student loan details: Etna offers matching student loan repayment help to employees who have eligible undergraduate loans within specific guidelines
3. American Family Insurance
The company: American Family Insurance offers insurance in a variety of categories: Life, Homeowner, Health, Auto, Business, Farm and more. The company offers flexible jobs in career categories such as event planning, project management, HR & recruiting, web design and administration.
Student loan details: Qualified employees who graduated with an associate’s degree or higher and have student loan debt receive a monthly contribution of $100 towards repayment – with a lifetime maximum of $10,000.
4. Common Bond
The company: Coincidentally, common bond specializes in helping people get student loan finance. Long-distance jobs have historically included categories such as accounting, finance, legal, IT, and project management – just to name a few.
Student loan details: Employees receive up to $100 per month for student loans– with no cap on how much you can get during the time you work there.
5. Fidelity Investments
The company: The Boston Headquarters Loyal Investments is a financial services company. Remote roles range from trader positions to investment advisors.
Student loan details: Fidelity offers a program called Step Ahead Student Loan Assistancewhich provides employees with up to $10,000 to pay off student loans.
The company: A staffing and recruiting company, medicine serves the healthcare, life sciences and IT industries. Remote roles span the gamut from customer service to engineering.
Student loan details: Medix gives to its employees $50 per month use to pay off their student loans.
7. New York Life
The company: The NYC based New York life is a leader in the mutual insurance industry. Roles include marketing, account management and more.
Student Loan Details: Over the course of five years New York life contributes $170 monthly to student loans— which can add up to a whopping $10,200.
The company: a technology company, Nvidia designs products for industries from gaming to automotive. Remote roles are diverse, including writer, game engine artist, software architect, and more.
Student loan details: Employees can apply to NVIDIA Student loan refund up to $30,000– or $6,000 per year.
The company: parallon is a division of HCA Healthcare ranked among the top 100 companies with remote jobs by FlexJobs.
Student loan details: parallons Student Loan Assistance Program provides a monthly benefit of $150 for eligible full-time employees or $75 for part-time employees
10. Weed maps
The company: weed cards is on a mission to find solutions for and transform the cannabis sector. Marketing, media and recruiting are just a few of the areas with remote work opportunities.
Student loan details: For each employee Pay Weedmaps $1,000 per year for student loans. The amount is paid in monthly installments of $83.33 per month.