15 Companies That Will Take Care of Your Student Loans

Two diverse coworkers collaborating in a modern, sunlit office lounge. — Two smiling professionals review company benefits on a tablet while sitting in a bright, modern office with park views.

These 15 Companies Will Pay Your Student Loans:

The problem with student loan debt is that it’s so complicated, that it constantly makes headlines. Americans owe around $1.75 trillion dollars, which comes down to about 43 million individuals who each have to pay, on average, $39,351.

Even if the U.S. government has tried back and forth to find the right proposal that would cancel student loan debt, only recently they have decided on a measure. But in the meantime, there are still 43 million people who are still struggling to find solutions to this extreme financial burden.

If student debt is something that preoccupies you, you will be happy to read this article. We made a list of companies that are more than happy to pay off some of that debt. And the good news is…the list of employers is growing year after year.

As Will Geiger, CEO and co-founder of Scholarships360.org said, “I definitely notice a trend of ‘student loans as benefits’ that has been increasing. The reason for that is maybe the fact that there’s a rising student loan debt among college graduates, but also a more competitive labor market.”

Plus, because of the CARES act, employers will be able to make tax-deductible contributions to an employee’s student loans as much as $5,250 per year, as long as it is an education assistance program” as Geiger added. The plan has been expanded to 2025, so given the rising student loan debt, the competitive labor market, plus the CARES act, the time is just right for this trend to rise.

companies — Photo by fizkes from Shutterstock

Aetna

All Aetna employees that are working 20 hours per week or even more can easily benefit from student loan repayment assistance. Aetna is more than willing to match employees’ student loan payments, as much as $2,000 per year for completed degrees in certain careers. Also, Aetna provides loan repayment and financial advising programs for those who work there, which is amazing.

An infographic showing a timeline of $100 monthly payments leading to a $6,000 lump sum, totaling $12,000. — icientă a împrumuturilor pentru studii.”
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Anderson Tax LLC

Back in 2017, Anderson Tax released its plan to help employees repay student loan debt. Through a well-thought program, Andersen Global gives full-time employees $100 per month for 60 months, a gesture that’s meant to help with student loan payments. The company also has a specific lump-sum payment at the end of five years, of $6,000. The total amount of contributions is $12,000, which is meant specifically for student debt.

A workplace scene at a car delivery center with a document mentioning a $1,000 annual student loan benefit. — Un angajat Carvana prezintă beneficiul anual de 1.000 de dolari pentru împrumuturi studențești lângă turnul cu mașini.

Carvana

Carvana was welcomed into the growing group of companies that are known to help employees repay student loan debt, ever since 2018. The company officially announced that it would contribute up to $1,000 per year toward student loan payments for its full-time employees.

Chegg

Everyone expected Chegg to make this step forward, as it is, after all, a student learning platform. But Chegg managed to become one of the leaders of the student loan repayment assistance trend. Hence, all employees who have at least 2 years of experience there receive as much as $5,000 toward student loans every year. This step is a part of Chegg’s Equity for Education program, which started in 2019. It’s worth mentioning that benefit applies to all Chegg U.S. employees with student debt, no matter if they attended a two- or four-year college, or even graduated. Even more, the new Equity for Education funding comes as an addition to the $1,000 per year that Chegg employees with student debt already got.

A watercolor illustration of a vanity with cosmetic bottles and a graduation cap, representing beauty industry education benefits. — Produsele de înfrumusețare și toca de absolvire simbolizează sprijinul financiar oferit angajaților de către Estée Lauder.

Estée Lauder

Cosmetics and beauty company Estée Lauder decided to contribute $100 every month toward employees’ student debt. The New York City-based firm, which owns many well-known brands such as Clinique, MAC Cosmetics, and Origins, promised to pay as much as $10,000 per employee.

A financial bar chart comparing standard repayment to Fidelity's student loan paydown program. — Graficul comparativ arată cum programul Fidelity Step Up reduce datoria totală și accelerează rambursarea împrumutului studențesc.

Fidelity Investments

Fidelity Investments is a multinational financial services corporation from Boston, Massachusetts. It provides employees with as much as $10,000 toward student debt. Plus, Fidelity offers student debt and college planning advice for its workers.

An employee works in a colorful, modern tech office environment filled with plants. — Angajații Google lucrează în spații moderne cu scaune colorate, beneficiind de sprijin pentru plata împrumuturilor studențești.

Google

Google needs little to no introduction, so we’re going to get straight to the point. Google matches up as much as $2,500 in student loan payments every year for its employees in America. However, the company’s plans are even bigger, as they want to expand the program worldwide in the future.

Nvidia

Nvidia gives student loan repayment assistance to employees who finished their studies in the last three years. Also, it reimburses as much as $6,000 every year for employees’ student loans, with a lifetime maximum of $30,000. This amazing plan covers federal Perkins loans, and private loans, but also subsidized and unsubsidized Stafford loans, not to mention grad plus loans and more.

A literary-themed watercolor illustration of a bookshelf with spines labeled for education and repayment. — O bibliotecă plină de volume despre educație și o ștampilă ce confirmă achitarea integrală a împrumutului.

Penguin Random House

Penguin Random House initiated its repayment assistance program all the way back in 2016, and it was the first book publishing company that decided to help its employees in this matter. PRH matches as much as $1,200 per year toward employees’ student debt. The program lasts seven years, with a lifetime maximum of $9,000. Employees that want to benefit from the program must be hired full-time and must have a minimum of one year of experience in the company.

A corporate infographic showing the $1,200 annual student loan paydown benefit for PwC associates. — PwC oferă 1.200 de dolari anual pentru împrumuturi studențești în departamentele de contabilitate, taxe și consultanță.

PricewaterhouseCoopers

PricewaterhouseCoopers is a famous company that’s ranked the second-biggest among professional services networks in the world. It takes part of the Big Four accounting firms, alongside with other well-known companies like Deloitte, EY, and KPMG. PricewaterhouseCoopers gives as much as $1,200 every year toward employees’ student loans. The maximum amount of lifetime contribution is $10,000.

A retail manager and employee collaborate in a brightly lit office supply store environment. — Angajații Staples colaborează printre cutii și caiete, oferind programe de sprijin pentru achitarea împrumuturilor studențești.

Staples

Staples is another company that took care of the student debt issue. In 2016, they announced that they will pay $100 per month for 36 months for employees’ student loan balances. In order to qualify for these benefits, employees must be hired full-time and have received or been in the process of getting a degree from an accredited school.

A happy professional works at a minimalist desk with a financial app showing loan progress. — mbește la birou în timp ce își monitorizează progresul creditului studențesc prin Ally Financial.”
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Ally Financial

The financial services company Ally Financial has a comprehensive benefits package, that was designed to help its employees live as well as possible. Ally Financial offers $100 per month in student loan repayment assistance.

A watercolor illustration of medical equipment and a tablet showing loan repayment symbols. — Un stetoscop și o tabletă Medix evidențiază misiunea companiei de a sprijini financiar profesioniștii din sănătate.

Medix

Medix was founded in 2001, and it is an Illinois-based staffing and recruiting company. They offer monthly contributions to student loan repayment, so if you’re interested in solving this issue, apply for a job there. When it comes to job opportunities, you will find at Medix various options, from recruiter openings to sales positions and even corporate opportunities.

Employees collaborate in a creative, plant-filled tech office with industrial architecture. — țești.”
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Weedmaps

Weedmaps is a privately held software and technology company. They promised to find a way to help their employees live a better and carefree life, and one of the measures was to give assistance in repaying student loan debt. The California-based company offered to pay as much as $1,000 a year for employee student loans.

A nurse in a hospital breakroom with a flyer for HCA's student loan assistance program. — O asistentă medicală consultă programul HCA de asistență pentru împrumuturi studențești în timpul unei pauze binemeritate.

HCA

HCA was established in 1968, and it is one of the biggest providers of health care services in the United States. The company has more than 300 affiliate hospitals, business offices, but also outpatient service facilities. Some of the benefits they offer to their employees are tuition repayment assistance of up to $100, for those employees who are currently working full-time, and $50 for employees who work part-time.

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