Over 43 million Americans currently have federal student loan debt.
Offering a 401(k) match is a popular benefit: 98% of employers that offer 401(k) plans match some level of employee contributions, according to a 2013 survey of over 400 plan sponsors.
At least three large employers — Abbott, Verizon and Chipotle — currently offer 401(k) matching for employees making student loan payments.
The company recently created a blueprint detailing the advantages of offering a student loan repayment benefit and guidance for other organizations to design their own programs.
Verizon: Secure Your FutureVerizon recently introduced a student loan payment match to help support its employees.
Persons:
they're, — Abbott, Chipotle —, Abbott, We've, Mary Moreland, We're, Kevin Cammarata, Cammarata
Organizations:
Allianz Life, Verizon, Chipotle, Internal Revenue Service, Abbott, Employees, CNBC