How Money From Your Employer For Loans Can Hurt You

Published: Feb. 4, 2020, 7 a.m.

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Free money from your employer to help pay off your loans is a great idea, right? Wrong! It could be one of the worst employee benefits ever. I\\u2019ll break down how this can affect your finances and show you how employer student loan benefits are a bad idea.

In today\\u2019s episode, you\'ll find out:

  • Why taking money from your employer for student loans is a trap
  • How a free $100,000 can end up costing you $50,000
  • The tax consequences of employer-paid student loan payments
  • The effect of employer student loan benefits on PSLF
  • The problem with old-school thought patterns about debt
  • Why \\u201cgetting your debt to zero\\u201d isn\\u2019t the best strategy
  • How to get ahead by negotiating employer benefits


Full show notes at: http://studentloanplanner.com/62

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