Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Employers Starting To Help Pay Student Loans
Posted
September 16, 2017
Views
49,522
Likes
1,179
Comments
246
Engagement
2.88%
September 16, 2017
49,522
1,179
246
2.88%
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4:01Now PlayingIs this significant, or just a marketing gimmick? Cenk Uygur and Ana Kasparian, hosts of The Young Turks, discuss. Tell us what you think in the comment section below.
"A giant financial services company is betting that young people care as much — if not more — about their employers paying off their student loans as they do about paying for retirement.
Fidelity Investments introduced a program Thursday that will let employers make regular payments to their employees’ student loan accounts, much the way companies already pay into their workers’ 401(k)s or health care savings accounts.
“We’ve seen big demand for a benefit like this, from both large companies and small,” said Kenneth Ericson, a Fidelity vice president. “It’s a significant tool that can be used to recruit new employees and retain existing ones.”
Some smaller financial services companies already facilitate this type of benefit program, such as First Republic Bank and startups like Student Loan Genius and SoFi.”*
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Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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