(Chicago) February 8, 2017 – As the student loan bubble continues to grow, the average person with student loans is $31,000 in debt. Medix, a national organization specialized in workforce solutions and recruiting skilled personnel for clients in Healthcare, Scientific and Information Technology industries, partnered with Peanut Butter to implement a student loan repayment program that will mitigate the burdens of student debt for internal teammates.
“With 68 percent of college-educated workers in their twenties and 49 percent in their thirties bogged down by student loan debt, many young professionals are having a difficult time establishing themselves,” said Mike Ceretto, Medix’s Vice President of People and Performance. “Medix teammates worked hard in school to become amazing professionals who positively impact lives of clients and talent, so we want to do our part by positively impacting our teammates’ lives in return.”
Along with Medix-sponsored contributions to employees’ loans, this program also provides third-party guidance to manage student loans and access to a refinancing marketplace that ensures broad coverage and clear terms.
Research from Willis Towers Watson says about four percent of employers offer student loan assistance today, but projects that number will reach 20 percent by 2018.
“Medix serves their clients and talent with a mantra to ‘positively impact lives.’ Their commitment to do the same for their employees by helping them get of debt faster proves they lead by example,” said David Aronson, CEO of Peanut Butter. “We are thrilled to support Medix to administer their student loan assistance program.”
To learn more about Peanut Butter, please visit www.getpeanutbutter.com.
Medix provides workforce solutions to clients and creates opportunity for talent representing a variety of industries through our Healthcare, Scientific and Information Technology divisions. Medix has been featured on such prestigious lists as Inc. Magazine’s “Inc. 5000 Honor Roll” for its six consecutive years on the list of the nation’s fastest growing private companies, as well as one of Staffing Industry Analysts’ “Largest Staffing Firms in the United States.” We have also been ranked in Inavero’s “Best of Staffing” Client and Talent awards for providing excellent service, further earning our reputation as an industry leader. For more information, call (866) 44MEDIX or visit 220.127.116.11.
About Peanut Butter
Peanut Butter helps companies attract and retain talent by offering student loan assistance an an employee benefit. Experts in benefits administration, Peanut Butter’s team and technology provide employees access to information and decision support tools to better manage their debt, and facilitate employer contributions toward employee student loans. To learn more about how Peanut Butter can help your company become an employer of choice, visit www.getpeanutbutter.com or call 800.913.6651