Get a Job that Repays Your Student Loans

Go to college, they said. It'll be fun, they said. It's expensive AF and you'll be on the hook to repay loans until you have gray hair…they didn't say. 😑🆘 In the words of Stephanie Tanner, how rude. 😛

If you're not thrilled about student loan repayments kicking in again, there's hope! 🤩 It turns out that many of today's top employers offer student loan repayment benefits. Bonus: many of these jobs are entry-level! 💼

According to the job platform Handshake, the number of entry-level jobs offering student loan repayment programs have more than doubled since 2019. Not too shabby.

 

Here’s Five Fast Facts on jobs with student loan repayment benefits:

  1. 🏆 Winning Categories - Some job sectors are more likely to offer student loan assistance than others. Here are the top categories, according to Handshake: Health care and services, Non-profit, Government, Law and politics, Financial services, Education.

  2. 📝 Describe It - Handshake also says the following jobs mention student loan repayments the most in their descriptions: clinical pharmacist, nurse practitioner, software engineer, and insurance sales advisor.

  3. 🍦 What's Your Flavor? - Student loan repayment programs come in all shapes and sizes. Some jobs simply offer debt payment counseling and education. Others offer direct loan payments or make extra contributions to your 401k. 
  1. 🧑🏾‍⚕️What's Up, Doc? - The world needs doctors and nurses, but these grads often carry the most student debt. The good news is there's a high demand for frontline healthcare workers and many hospitals are now offering loan repayment programs to sweeten the pot.
  1. 💰 Let's Make a Deal - Government and non-profit employers have to compete for top talent that often zips right to the private sector once they graduate. Include these types of employers in your job search. They've been juicing up their benefits with student debt programs to win over new hires.

🔥Bottom line: Getting a job to repay your student loans for you is clutch, especially with repayment approaching in just a few weeks. Many Americans say they can't pay, so we'll see how this all turns out. Ever wonder why your employer provides health insurance, aside from being an upstanding organization? Check out this article

Does your job offer student loan repayment benefits?

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