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NACo & ICMA's partnership with Savi simplifies student debt for Government Employees
NACo & ICMA's partnership with Savi helps government employers strengthen recruitment and retention through student debt support.
Student loan forgiveness isn't just a policy detail, it's a benefit your employees have already earned. Cities and counties have federal dollars allocated for this through the Public Service Loan Forgiveness program, yet fewer than 6% of eligible public service workers have claimed relief. That's a recruitment and retention advantage sitting on the table.
Join Tony Raffa, Savi student debt forgiveness expert, who will cover:
- How to enhance your employee benefits package and strengthen recruitment and retention
- How reducing payments helps employees avoid default and stay financially stable
- Executive Orders and what they mean for employees
- Changes in the Department of Education and their impact
- Current student debt relief programs and who is eligible
- Common issues with applying for and receiving student debt forgiveness
We'll also show how a new tool helps your employees calculate their potential student debt relief and cut through the red tape when applying, saving them an average of $2,244 a year, money that goes straight back into their financial goals.
Related Resources:
MissionSquare Research Institute Reports:
- Student Loan Debt Is a Key Influencer in U.S. Worker Decisions to Accept and Stay in Jobs
- Collected Student Debt Research
- Student Debt in State and Local Government Impacts on Selected Occupations
- Student Debt Impacts on Public and Private Sector Employees
- The Ripple Effect of Student Debt: Shaping Careers, Financial Choices, and Well-Being in Public and Private Sectors
If you would like more information on offering this service to your staff, join one of these monthly webinars or contact Savi.