spilled coin jar with torn out headlines relating to student loan debt (Photo: Shutterstock)

American workers are drowning in student loan debt.

"I have been in the college student loan finance space for nearly 30 years," said Stacey MacPhetres, senior director of education finance for Bright Horizon. "If you had told me back then that we would be looking at student loan debt over $1.8 trillion total, I would have thought that was not even a remote possibility."

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

C-Suite
Employee Participation
Employee-Paid
Employer-Paid
Retirement
Advisor Sales Strategies
Retirement Trends