It’s time to address a growing issue in the workplace: recently-graduated employees who are struggling under the burden of student loan debt. Is repayment solely the responsibility of the borrower? The government? The employer? According to guest Naveed Iqbal, co-founder and CEO of Dolr, education benefits everyone, so we all should share the burden of paying for it.

TAKEAWAYS

• The burden of student loan repayment hinders young people from starting families earlier, buying homes, and saving for emergencies or retirement.
• Employers could be part of the solution by providing innovative benefits for those with educational debt.
• Despite Gen Z’s tendency toward fiscal responsibility, they are given little information or knowledge about how to optimize their finances.
• The student loan crisis is centered around borrowers not having an understanding of what it means to make payments versus defer payments.
• Dolr believes that education benefits everyone, so everyone should play some role in paying for it.

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