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$1,200 Student Loan Debt Assistance Program

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PricewaterhouseCoopers (PWC) announces that in 2016 their employee benefits will now include $1,200 towards student loans. With this new feature, PWC expects to attract the most talented recent graduates to fill their entry-level positions.

PWC realized they needed something that would set them apart from other companies. "Each year, PWC hires more than 11,000 students through campus recruiting," according to USA Today. With an enticement as popular as student loan debt assistance, PwC can guarantee that they will have their pick from the most qualified graduates.

PWC's current workforce also influenced them implementing a student loan debt assistance program. Across the US, "PWC has a total of 46,000 employees and 45% of these employees have graduated in the last 5 years," according to USA Today. Due to personal confidentiality, the amount of employees at PWC that have student loans is unknown. However, Edvisors.com states, "71% of college grads having student loan debt," creating the assumption that entry-level, associate and senior associate level employees will greatly benefit from this new program."

PWC has the company's best interest in mind. Shannon Schuyler, PWC's chief purpose office announced, "the goal of this new policy isn't to attract more millennials to the company, but to broaden the company's corporate values."

We at Timothy J. Sierra Attorney at Law would like to state that our blog posts and links, on our web page or any other social media outlet, to any other web pages are not intended for legal advice. We are not responsible for third party website information. If one is in need of legal advice please contact an attorney directly.

Source: USA Today | Student Loans

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