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Staples Jumps on Hot Employer Trend: Paying Student Loans

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Top-performing, full-time Staples employees can now get $100 a month, up to $3,600 over 36 months, toward their student loan payments.

Sounds great, right? There’s more good news: Staples is hiring.

The company this week announced the program, which is open to existing staff and new hires who have at least one student loan. It’s the first major retailer to offer a student loan repayment program for employees. PricewaterhouseCoopers, Fidelity Investments and Aetna provide similar perks. So do many companies in the student loan refinancing industry, including CommonBond and SoFi.

The company announced Tuesday that the Staples program will initially be for employees who “have been identified as high potential and top performers” but will...

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