8 Employers That’ll Help You Pay Off Student Loans

Jobs that help pay off a portion of student loans are becoming more common and for a good reason. The average student loan borrower has around $37,000 in student loan debt.

Companies that help to repay a portion of student loans are in the minority, so you may have to do some research to get student loan assistance as a benefit.

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Here are some of the jobs that could potentially allow someone to qualify for federal student loan forgiveness programs.

1. Federal Agency Employee

Federal agencies may be allowed to offer student loan assistance as a perk to appeal to candidates. In order to qualify for this student loan repayment assistance.

The benefit may be up to $10,000 per year but cannot be more than $60,000 per person. Additionally, the benefit is only available to for federal student loans.

2. Public Service Worker

If you work in the public service sector for a qualifying organization, such as the government or a non-profit, you may qualify for Public Service Loan Forgiveness.

To pursue PSLF, borrowers are required to make 120 qualifying payments while certifying their employment with a qualifying employer. After this period, any remaining amount is forgiven.

3. Medical Field

In this program, medical professionals must commit to working for at least two years in a Health Professional Shortage Area.

Refinancing medical school student loans may be another option to consider for medical professionals who are not pursuing any loan forgiveness programs.

4. Automotive Professionals

Professionals in the automotive industry may qualify for loan forgiveness through the Specialty Equipment Market Association (SEMA) Loan Forgiveness Program.


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