Higher healthcare spend: The hidden employer cost of student debt.
Employees are feeling the pinch of rising healthcare costs—and it’s also straining employers with
less engagement and reduced productivity in the workforce. Factor in student debt, and the challenge is even greater resulting in a workforce that’s financially strained, less engaged, and increasingly unprepared for retirement.
By offering a student debt benefit, you can help employees manage debt, improve financial
wellness, and prioritize their health. Plus, you’ll have a way to shape your own workforce goals by
helping to:
- Improve employee satisfaction and engagement
- Find and keep top talent
- Build an educated and future-ready workforce
Fidelity’s research explores the overlooked connection between student debt and health care.
And how student debt benefits can be used as a tool for health care cost management.
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