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Student Loan Borrowers Facing Dramatic Increases in Monthly Payments ?? 43% of federal student loan borrowers are now delinquent. ?? With the Department of Education no longer processing applications for more affordable repayment plans, millions of borrowers are being forced into financial distress. Wage garnishment through employer payroll is set to begin in June, adding even more pressure. For non-profit healthcare workers, educators, and government employees, Public Service Loan Forgiveness (PSLF) remains intact—but qualifying has just become significantly more difficult. And this was before the Department of Education was gutted earlier this week. Borrowers are being left to navigate this crisis alone, and the stakes for mistakes have never been higher. Employers can step in with real solutions to help employees lower monthly payments and avoid wage garnishment and even save for retirement through Qualified Student Loan Payments. In today’s challenging landscape, these benefits have become essential. Learn more about the crisis and what it means for borrowers in this Forbes article: https://lnkd.in/efgu-MZM Companies offering Student Loan Assistance through Tuition.io have already seen a 23% reduction in workforce turnover. If you're an employer looking to support your workforce in a meaningful way, get in touch with us today > https://lnkd.in/eaVnya4h #PSLF #EmployeeBenefits #StudentLoanAssistance #TotalRewards #RetirementSavings