SHRM: Offering 529 Plans Helps Families Avoid Student Debt
While the national student debt load is sitting at $1.5 trillion, 49 percent of employees are planning to save for a child’s or grandchild’s education. More companies are offering student loan repayment perks, but there’s another approach that gets to the root of the problem. 529 college savings plan benefits can help minimize debt in the first place.
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