Northern Rivers is Helping to Repay Their Employees’ Student Loan DebtPosted Dec 10, 2019
Employees of the Northern Rivers can receive monthly contributions towards their student loan repayment.
ALBANY, NY December 10, 2019 – — Northern Rivers Family of Services has announced the launch of a student loan repayment program for their employees. Northern Rivers has partnered with IonTuition, Inc., to help repay their employees’ student loan debt. IonTuition, a Ceannate Company, offers a complete suite of student loan repayment tools in addition to a monthly contribution program, including concierge student loan advising, free accounts for the Northern Rivers family members, unbiased refinancing, default & delinquency recovery services, and college research tools.
As a non-profit organization, Northern Rivers is committed to the financial wellness of their employees to retain quality talent. Many employees may be unable to contribute to their 401(k) plan due to high monthly student loan payments. Through IonTuition, employees can explore different ways to lower their student loan payments and receive monthly contributions applied to the loans of their choice.
“We understand employees may struggle with monthly student loan payments,” says Linda Daily, Chief Human Resource Officer at Northern Rivers. “IonTuition’s comprehensive approach to student loan repayment and intuitive contribution platform gives our employees and their families a tool to improve their financial well-being.”
Student loan benefits have been growing in popularity over the past couple of years. The national student loan debt is over $1.5 trillion, surpassing credit card and auto loan debt. Most employees admit to living paycheck-to-paycheck and state they are unable to reach many financial goals while actively repaying on their student loans.
Northern Rivers will make monthly contribution available to all of their 1,400 employees with applicable student loan debt. These contributions allow employees to repay their debt faster and save money on interest.
About Northern Rivers Family of Services:
Founded where the Mohawk and Hudson meet, like the rivers that shaped our region, Northern Rivers Family of Services helps change lives by shaping the future of those we serve throughout the Capital Region and beyond. Comprised of parent company Northern Rivers and member agencies Northeast Parent & Child Society and Parsons Child & Family Center, we are a family of human services agencies who work together and are committed to helping children, adults, and families. Our quality of care, depth of programs, combined size, and passion for the mission make us a leading human services provider. Informed by our 188-year heritage, our 1,400-strong workforce provides services for 16,000 children, adults, and families throughout 35 counties in New York state. For more information, call 518.426.2600 or visit northernrivers.org
IonTuition provides the industry’s most comprehensive suite of student loan benefits, complete with student loan management, expert student loan counseling, unbiased refinancing, and comprehensive contribution options. Leading companies are offering student loan benefits as a way to acquire and retain in-demand, educated talent. IonTuition is easily implemented into any organization and offers up-front, affordable pricing. IonTuition has been providing tools surrounding post-secondary education since 2011. Learn more by visiting iontuition.com.