How do businesses help employees pay off their student loans?

With student debt higher than ever in the United States, companies are finding unique ways to help their employees get out of the gulf of student loans.

In June 2019, the national student debt reached an all-time high of nearly $ 1.6 billion, just behind the national mortgage debt.

According to the Society for Human Resource Management (SHRM), about 4% of US companies offer student loan badistance as a benefit. That's equivalent to dozens of big companies, including IBM, Staples, Peloton, Penguin Random House and PricewaterhouseCoopers.

But some companies are finding more interesting ways to help their employees get into debt: they let employees swap their vacation days for student loan benefits, while others offer bonuses signature, company shares or contributions 401 (k).

Here are six companies that take a unique approach to lightening the student debt of their workers.