St. Michael’s Inc. Implements Student Loan Repayment Program
(Woodbridge, VA) April 7, 2020 – As the student loan bubble continues to grow, the average person with student loans is $31,000 in debt. St. Michael’s Inc., an employee owned, small government contracting firm that specializes in defense financial management, partnered with Peanut Butter to implement a student loan repayment program at $50 a month that will mitigate the burdens of student debt for internal teammates.
“With 68 percent of college-educated workers in their twenties and 49 percent in their thirties bogged down by student loan debt, many young professionals are having a difficult time establishing themselves,” said Todd Brymer, President of St. Michael’s. “Employee-owners at St. Michael’s Inc. worked incredibly hard in school to become amazing professionals who demonstrate the Core Values our company is based on. Their commitment to clients is second to none, so we want to do our part by impacting their lives with helping pay their student debts.”
Along with St. Michael’s sponsored contributions to employees’ loans, this program also provides third-party guidance to manage student loans and access to a refinancing marketplace that ensures broad coverage and clear terms.
“St. Michael’s serves their client by living up to their Core Values of Teamwork, Commitment, Candor, Dependability and Excellence in Reputation. Their commitment to their employees by helping them get out of debt faster proves they lead by example,” said David Aronson, CEO of Peanut Butter. “We are thrilled to support St. Michael’s to administer their student loan assistance program.”
To learn more about Peanut Butter, please visit www.getpeanutbutter.com.
About St. Michael’s Inc.
Founded in 2006, St. Michael’s Inc. is a government contracting firm that provides financial management to defense and intelligence agencies throughout the United States. St. Michael’s Inc. is a Service-Disabled Veteran Owned Small Business with seasoned professionals who have a strong knowledge base in government agencies’ culture, challenges, and goals. St. Michael’s Inc. provides ownership shares in the company after one-year of employment as well as other competitive benefits for prospective candidates. To learn more about the excellent work St. Michael’s Inc does, please visit www.stmichaelsinc.com.
About Peanut Butter
Peanut Butter helps companies attract and retain talent by offering student loan assistance an an employee benefit. Experts in benefits administration, Peanut Butter’s team and technology provide employees access to information and decision support tools to better manage their debt, and facilitate employer contributions toward employee student loans. To learn more about how Peanut Butter can help your company become an employer of choice, visit www.getpeanutbutter.com or call 800.913.6651