 Student loan repayment has become a hot new employee benefit. Unlike tuition assistance which is tax deductible up to $5,250 per year, student loan reimbursements to employees are still taxed as ordinary income. Still a great benefit to attract and retain great employees.
http://investor.citizensbank.com/about-us/newsroom/latest-news/2016/2016-04-07-140336028.aspx
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