Human Resources For Small Business

Lifting the Student Loan Burden with Naveed Iqbal

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Synopsis

It’s time to address a growing issue in the workplace: recently-graduated employees who are struggling under the burden of student loan debt. Is repayment solely the responsibility of the borrower? The government? The employer? According to guest Naveed Iqbal, co-founder and CEO of Dolr, education benefits everyone, so we all should share the burden of paying for it.  TAKEAWAYS The burden of student loan repayment hinders young people from starting families earlier, buying homes, and saving for emergencies or retirement. Employers could be part of the solution by providing innovative benefits for those with educational debt. Despite Gen Z’s tendency toward fiscal responsibility, they are given little information or knowledge about how to optimize their finances. The student loan crisis is centered around borrowers not having an understanding of what it means to make payments versus defer payments.  Dolr believes that education benefits everyone, so everyone should play some role in paying for it.   A QUICK