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Employer-provided student loan repayment benefits were available to 4 percent of civilian workers in March 2021. Seven percent of workers in management, professional, and related occupations had access to student loan repayment benefits.
Occupational group | Percent with access to student loan repayment benefit |
---|---|
All workers |
4 |
Management, professional, and related |
7 |
Service |
3 |
Sales and office |
3 |
Natural resources, construction, and maintenance |
2 |
Production, transportation, and material moving |
2 |
For workers with an average wage in the highest 10 percent, 9 percent had access to student loan repayment benefits. Two percent of workers with an average wage in the lowest 10 percent had access to the benefit.
Wage category | Percent with access to student loan repayment benefit |
---|---|
Lowest 10 percent |
2 |
Lowest 25 percent |
2 |
Second 25 percent |
3 |
Third 25 percent |
4 |
Highest 25 percent |
8 |
Highest 10 percent |
9 |
These data are from the National Compensation Survey — Benefits program. For more information, see “Employee Benefits in the United States — March 2021” and the complete dataset (XLSX). We also have more charts on employee benefits. Civilian workers include all employees in private industry and state and local government. Student loan repayment is a benefit that provides support to employees for education already obtained and excludes ongoing education expenses.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Student loan repayment benefits for civilian workers in 2021 at https://www.bls.gov/opub/ted/2022/student-loan-repayment-benefits-for-civilian-workers-in-2021.htm (visited December 06, 2024).