5 ways student loan benefits are making an impact on recruitment and retention Discover how innovative student loan benefits are transforming recruitment and retention strategies.
Understanding the Key Student Loan Benefits for College Graduates Explore the essential advantages of student loans for college graduates, from building credit to flexible repayment options, and learn how they can support your financial journey post-graduation..
Do you need a financial advisor? Most people don't need a financial advisor. People need more money and better money habits.
From Chaos to Control: How to Get Empowered Hey. It's a tad chaotic out there. Since student loan repayments officially restarted in September, it's been anything but easy for most borrowers trying to figure out how to get back on track and find the best repayment option for their lifestyle. Many find themselves budgeting
Is Offering Student Loan Benefits Unfair to People Without Student Loans? We get asked a lot of questions about student loan benefits — we’re the experts, after all. As the landscape of employee benefits continues to evolve, organizations are constantly exploring innovative ways to attract and retain top talent. Student loan benefits are becoming more and more popular. (Yay!) And when
When Will Student Loan Repayment Resume? Whether you completely forgot about your student loans during the pandemic (understandable) or kept diligently making some payments (go you!) or put money aside in a high yield savings account (also legit), you’re probably hearing the rumblings: student loan payments are coming back. And if you’re a little
What People Are Saying About Whether You Should Be Making Student Loan Payments During the Freeze Many student loan borrowers have viewed the last 36 months of the student loan repayment pause as an excellent opportunity to develop some short-term amnesia about their student debt. It’s totally understandable. I mean, who doesn’t want to forget about those bills. But is it a good idea?
Daily Dolr: How Borrowers can Automate Their Good Habits If you have a $30,000 loan balance, and you’re making standard payments on a 10-year term (we’re assuming a 4% interest rate), paying $100 extra a month gets you out of debt THREE YEARS EARLIER.
Employees Don’t Want to Lose Their Student Loan Benefits — and Neither Do Employers One of the best parts of being on the Dolr team is getting to connect with and learn from our customers and our members. They are some seriously awesome people, and we never get tired of hearing their feedback. In a recent survey, we asked Dolr members how they would
Know Boundaries Uses Dolr to Grow Employee Satisfaction A right-sized student loan repayment benefit provides a win for both the startup founders and their team members As an early-stage, self-funded startup, Know Boundaries needed an affordable and effective way to provide value to current and prospective employees. By offering student loan repayment benefits, they’ve shown their team
Purpose Jobs Names Dolr as Startup to Watch in 2023 The Midwest’s largest startup and tech community recognizes startups making a difference in Columbus Purpose Jobs, the Midwest’s largest startup and tech community, announced Dolr to its list of startups to watch in Columbus 2023. As a flourishing tech hub in the Midwest, Columbus has supported a variety
Purpose Jobs Recognizes Dolr as Best Place to Work in 2023 Purpose Jobs, the Midwest’s largest startup and tech community, today announced Dolr to its list of best places to work in Midwest tech in 2023.
Asking for Help with Student Loans: A Conversation with Dylan Wethey Dylan had only ever heard of companies helping people go back to school — not paying money toward student debt. “You don’t even have to have a degree toward your job. They just said if you went to school and have debt, fill this out. Boom. It was the easiest five minutes of my life.”
Student loan repayment for nurses Nurses have plenty of options for forgiveness or repayment programs. If those don’t work for you, we’ll end this article with five other options to pay your loans off as quickly as possible.
Everything You Need to Know About Biden’s Student Loan Forgiveness in 2022 Since Biden’s announcement, borrowers have been scrambling to understand how the debt relief will work, whether they’re eligible, and what they need to do. Here’s everything — and we mean everything — you need to know.
Podcast Recap: Dolr CEO Naveed Iqbal talks student loans on the Transform your Workplace podcast Only 17% of U.S. employers offer student loan repayment assistance, which is straight up bananas. (Not to mention that some of those existing programs don’t offer any actual cash)
7 Ways to Fix Student Loans Okay, we're pretty serious about fixing student loans. We're humans too. And we're aware how easy it is to get stuck in an echo chamber and loose touch with reality. Which is why we think it's a good idea to ask smart people what they think.
Student loan benefits: what do they actually cost? Offering new benefits can be a lot. You've done all the legwork to figure out your teams student loan burdens and designed the perfect program to attract, retain, and engage top talent. Now you're ready to start looking at the numbers.
6 Reasons Why Employers Should Offer Student Loan Benefits We asked experts all over the country what the top reason for offering student loan benefits is. We were totally blown away by the number and variety in responses.
Gifting Money for Student Loans: Asking for Something Different This Year What if every one of those gifts had been a contribution to your student loans instead? It’s staggering when you really think about it. A pile of things you don’t need. Or the freedom of paying off your student loans.
Student Loans After Graduation: Welcome to Adulting There’s a good chance that by November, you’ll be in the student loan repayment game. What do you need to know between now and then to put yourself in a good position?
Can You Pay Off Student Loans While Still in School? Making payments on your student loans while you’re still in school may feel like a bit of a buzz kill. But it’s a choice that will pay you back in thousands more dollars in your pocket down the road.
Teachers’ Student Loans: What Teachers Owe + How to Pay It Off Faster According to a recent report by the National Education Association (NEA), 45% of our country’s educators borrowed money to go to school — $55,800, on average.
Religion and Debt: How Different Faith Traditions View Debt With so many people participating in rituals to honor their faith traditions, we thought it would be an interesting time to talk about the intersections between religion and debt.
How to get student loan benefits from work Employers are in a great position to pay employee’s student loans. Here’s how you can present a loan repayment assistance program to your employer — and convince them it’s a great idea.
When Athletic Scholarships Don’t Erase Student Loan Debt Athletic scholarships are harder to get than academic scholarships, and for most athletes, they don’t cover the full cost of college.
Save Your Green on St. Patrick’s Day: Spend Less on Your Student Loans Happy St. Patrick’s Day! This year instead of just wearing green, how about you celebrate by making a plan to save some green.
What’s Your Student Loan Borrower Style? March Madness is upon us. It also happens to be less than two months before student loan repayments start up again for federal borrowers.
Should I Pay Off My Student Loans or Invest My Money Now? You’re trying to make smart choices with your money, and it seems like that should be easy, right? Or at least that knowing what the smart choices are should be straightforward.
Politicians Struggle to Pay Off Their Student Loans Too According to a 2020 report, members of the 116th Congress owe between $2.4 and $5.8 million in student loan debt.
Student Loan Date Night: Fun for Married Folks Yeah yeah, I know. Student loans are a drag. Paying them off. Thinking about them. Talking about them. It’s all pretty It’s no surprise that many of us just try to ignore them altogether. The problem is that the loan balance doesn’t go away just because you
Student Loan Anxiety: How Debt Impacts Your Mental Health and Your Relationships As of September 2021, American households had $15.24 trillion in debt, a record high. For most Americans, debt is a fact of modern life. Unfortunately, high consumer debt is associated with negative mental health outcomes. But what about student loan debt? Does it have the same impact? You may
Marrying with Student Loan Debt: I Do or I Don’t? U.S. borrowers hold $1.75 trillion in student loan debt [https://educationdata.org/student-loan-debt-statistics]. Carrying massive student loan debt can seem ubiquitous. But in truth, there are plenty of people out there who don’t have student loan debt. And what can happen between the folks who don’t
Borrowers Like You: From a Ballooning Loan Balance to a Pay-off Plan “I graduated top of my class,” she says. “I did everything I knew I needed to do academically to get a scholarship to go to college.”
Average Law School Debt: What Lawyers Owe and How to Pay it Off Faster I see what’s happening here. You’re beating yourself up over that massive student loan balance. (How is it that it’s actually growing instead of getting smaller? #newmath?) I get it. I too have sunk into that law school student loans shame spiral. Because you are not alone.
Happy New Year from Your Student Loans! (Yikes.) So 2021 wasn’t exactly the upgrade from 2020 that we’d hoped it would be. No one would blame you for wishing for something a little more joyful from 2022. Some people are suggesting we try to sneak into 2022 under the radar so it can’t throw anything
9 Student Loan Hacks to Help You Pay Your Debt Faster $1.75 trillion. That’s how much federal student loan borrowers owe [https://educationdata.org/student-loan-debt-statistics] right now. And that number is rising six times faster than the US economy. If your head just exploded, you’re not alone. Those numbers are staggering. But guess what? You’re not a
Dolr is for you Hi Friend, Zell Capital announced their investment in Dolr [https://www.bizjournals.com/columbus/inno/stories/fundings/2021/11/08/zell-capital-1st-investment-dolr-student-loan-app.html] today and to mark this special occasion I'd like to share a brief update about how we're building Dolr for you. At Dolr we
What is a winning modern benefits package? Take note. It’s no secret, work norms have been turned on their head. People are leaving jobs at an astonishing rate in search of workplaces that align with their life and goals. Recruiting and retaining top talent has never been harder [https://www.economist.com/graphic-detail/2021/06/21/americans-are-quitting-their-jobs-in-droves&
New Public Student Loan Forgiveness program changes: what you need to know PSLF is going to suck just a little less under new rules.
Math has spoken: The best ways to repay your federal student debt Student loan repayment has never been simple. It’s hard to pay attention to all the repayment plans, finance terms, and approaches to debt repayment. 😴 As a team of math and finance experts, we’re constantly researching better ways to accelerate you to $0 student debt! We found a study
Student loan repayment allocation and why you need to pay attention Make sure extra payments to your student loans actually make an impact Sending extra money to your student loans is an excellent way to get to $0 debt faster and save money on interest. Finding extra money for your student debt is hard (that’s why we started Dolr [https:
Lowering Financial Barriers to Education This is the final post in a series that examines the history of student loans and the disconnect between the cost of education and how it is rewarded. This post proposes measures we can take to improve how we serve and price higher education. Lowering the financial barriers to education
Get ready to start student loan payments in February 2022 The next six months with 0% interest are an opportunity to pay down as much of your student loans as you can. Even an extra $30 / month (just $1/day) can help you get to $0 student loans quicker.
The Disconnect Between the Cost of Education and How it’s Rewarded The last three decades have seen a diminished return on investment (ROI) for college graduates as growth in the cost of higher education has outpaced inflation while mean earnings have stagnated.
A History of Student Loans A boom in higher education demand in the late 1970s saw cooperative problem-solving between the private and public sectors to address a key constraint: funding.
Student Loan Benefits: Everything you need to know Engage, retain, and recruit with Student Loan Benefits With 52% of employees expected to look for a new job this year, student loan benefits are a key differentiator in the competition for top talent. In this post we'll review student loan benefits. We'll explore * Why student
Hi! We're Dolr. You're the reason we're building the world's first student loan repayment platform. By asking "Will this make members of our community smile?" we decide what to build and when. We know how hard it is to remember (then type) n-o-e-t-h-e-r-r-u-d-i-n.com -
Why I founded Dolr: Naveed Iqbal I founded Dolr because I want to help people. My parents taught me that the contents of my mind were the only things that no one could ever take away from me. They also taught me that any knowledge not shared was knowledge wasted. My whole life I've
Why I'm excited to be a part of Dolr: Alex Michaels "Don't look at the cost, we'll make it work however we can." Words of support from my parents as I looked at an acceptance letter. Such a joyful moment, but one tainted by a tinge of fear and doubt. Was the financial burden on
Why I joined Dolr: Ash A. I joined Dolr because it was a great opportunity to collaborate with peers I share interests and commonalities with and for the opportunity to solve real world problems and cause an impact. I truly enjoy the small team dynamic of forward thinkers, tinkerers, and problem solvers from different fields with
Is your mission aligned with learning? At Noether Rudin we are on a mission to Lower Financial Barriers to Education [https://noetherrudin.com/about-us]. We believe learning is a path to financial freedom. However, for many people finances are a barrier to learning. There is an asymmetry between the cost of education and how society rewards
EFH: Everything From Home > Because working from home is so last week. On Sunday Governor DeWine issued a stay-home order [http://www.documentcloud.org/documents/6816967-20200322143820416.html] to continue the state of Ohio's effort to flatten the curve. As a result, a lot of businesses are now fully transitioning to remote
Columbus Steps Up (From Home) > Is that really a surprise? We live and work amongst superheros. We are so fortunate to live in a city chock full of givers. Almost everyone in Columbus, OH, with something valuable to share has opened their doors and is encouraging the community to engage and collaborate. There are
Crisis Benefits: Are you making the right choices? > Which benefits should you be keeping? The ones that make the biggest difference. This is the first time in history the entire world is focused on solving the same problem. The first time in history. Everyone on the planet is affected by this pandemic. Quarantine, lockdown, social and physical
The President, The Student Loan Interest Waiver, and You > What is it, how does it work, and how does it affect you? Update: I have edited this post to more accurately reflect the details from the CARES act pertinent to student loans. I used this summary [https://www.bakerlaw.com/alerts/president-to-sign-2-trillion-cares-act-with-significant-tax-and-workforce-relief-for-businesses-and-individuals] as my guide. If you are
What's Your Student Loan Repayment Personality? > What the what? What do my student loans have to do with my personality? If you have student loans then you've probably spent a good amount of time exploring a bunch of strategies trying to figure out the best way to pay down your loans. You'