Forty-three million Americans carry student loan debt. It shapes where they work, how long they stay, and when they can start building a future. We started BenefitPlus because we believe employers can change that.
Student debt isn't an abstract problem. It's a daily reality for the people you hire, manage, and rely on.
Twelve years of training. Enters the workforce already owing more than most people's mortgages. Chooses her first job based on who will help her pay it down, not where she wants to practice.
Puts off buying a home because her debt-to-income ratio won't qualify for a mortgage. Considers leaving her current role for a competitor offering $8K more, just to service the payments faster.
Loves the classroom but can't afford to stay. Takes a corporate training job that pays enough to cover his loans. The school loses a great teacher. His students lose a mentor.
These aren't edge cases. Student debt is the second largest consumer debt category in the country. It drives turnover, limits engagement, and makes it harder to recruit the specialized talent your organization needs.
In 2020, Congress gave employers a tax-free way to help. In 2025, it became permanent. The mechanism exists. Most employers just don't know where to start.
The federal government has been stepping back from broad-based student loan relief. Large-scale forgiveness programs have stalled, income-driven repayment plans face growing uncertainty, and borrowers are increasingly being told to plan as if federal help may not arrive.
For employees with student debt, the path to paying it off is getting longer and less predictable.
But where federal programs are pulling back, a private-sector path is growing. Section 127 gives employers a tax-free way to put real money toward their employees' student loans every month. The provision is permanent. The infrastructure is ready.
Employers don't have to wait for Washington. They can act now.
Broad forgiveness programs have stalled. Income-driven repayment faces legal and political headwinds. The message to borrowers is shifting: plan for repayment, not relief.
Section 127 is permanent. The tax advantage is immediate. Employers who offer this benefit today are filling a gap that the federal government is leaving open.
Someone needs to help. The tax code says employers can. BenefitPlus makes it simple.
The decisions we make every day when building this platform.
Compliance should be invisible, not a burden.
Setting up a Section 127 benefit should not require outside counsel or weeks of legal review. We generate compliant plan documents in minutes and keep them current as regulations evolve. Employers should focus on their people, not on navigating tax code.
Every dollar should reach the debt.
Contributions go directly from custodial escrow to the loan servicer. No employee bank accounts in the middle. No payroll workarounds. No room for the money to end up anywhere other than the student loan balance it was meant for.
Five minutes is long enough to change a financial trajectory.
If an employee can't enroll in the time it takes to make coffee, the benefit won't get used. We built enrollment around a single link, no app downloads, and automatic verification because adoption is everything.
The time to act is now, not later.
Federal support for borrowers is shrinking. The employers who step in today aren't just offering a perk. They're becoming the most reliable source of student debt relief their employees have. That mattered last year. It matters more this year.
When an employer helps one person pay off their student loans faster, the impact reaches well beyond the office. That person makes different decisions. Plans further ahead. Stays where they want to be.
Less debt means better ratios and faster mortgage qualification. Homeownership stops being a someday plan.
Financial breathing room lets people make life decisions based on readiness, not loan balances.
Teachers, nurses, and public servants can stay in the work they love instead of leaving for higher pay to service debt.
Student loan repayment isn't just a retention tool. It's a way to give people back the freedom that debt took from them.
Every employer that offers this benefit makes the path a little shorter for someone carrying debt they took on to build a career. We'd love to help you be one of them.
No obligation · IRS-compliant setup in days · Cancel anytime