Student loan debt is a problem for employees. According to Savi:
- 53% of millennials are not able to buy a home because student loan debt either disqualified them or made it impossible to afford a mortgage.
- Women hold roughly two thirds of all student loan debt in the United States, approximately $929 billion as of 2020.
- Three million student loan borrowers are eligible to apply for Public Service Loan Forgiveness, yet as of 2020 only 200,000 have applied.
Join this timely webinar, Student Loan Relief Options 101, presented by Wisconsin Strong partner Savi. Learn more about what’s happening nationally with student loans, what these changes mean for you and your employees, and how to easily navigate the Savi tool.
Register for session:
Savi can help you and your employees navigate the complexities of federal student loan programs and possibly qualify to lower student loan payments. In advance of the webinar, set up your free Savi account by visiting wistrong.bysavi.com.
The Wisconsin Strong: Your Financial Security™ program is designed to empower employees to maximize their Wisconsin Retirement System benefits, save for the future, and achieve financial wellness at any age. Visit etf.wi.gov/wi-strong and follow along at #WIStrongSecurity.
All WRS employers are encouraged to become a Wisconsin Strong champion and support their employees’ overall financial wellness. Are you ready to become a Wisconsin Strong champion? Send an email to ETFSMBWISTRONG@etf.wi.gov.