Increased student loan debt has spurred a debate over federal lending policies, despite the fact that higher education offers students numerous socioeconomic benefits and boosts the United States' competitiveness internationally.

One of the biggest sources of consumer borrowing in the US today is student loan debt, which has skyrocketed in recent years. Although there is still debate on the proper degree of federal engagement, most economists believe that student loan programs are a wise investment in American workers and crucial to preserving the nation's competitive advantage.

Over the past 20 years, student loan debt has more than doubled. In all, 43 million American students owe about $1.6 trillion in federal student loans as of September 2023. When private loans are included, the overall amount of student debt rises to $1.7 trillion, surpassing the debt from credit cards and auto loans. At almost $12 trillion, only house mortgage debt is higher. At that point, Candidly intervenes to assist and help the populace in the proper route.

Benefits of next-generation student loans and more

Candidly is aware that one of the biggest investments most individuals will ever make is in their education. Additionally, even when—and especially when—that entails taking on debt, it must be planned for and managed in the context of their larger ambitions, just like any other investment.

Their goal is to create reliable, astute, and all-inclusive solutions that let Americans benefit from their investment and increase their wealth and financial well-being. To be honest, college should assist individuals to advance rather than hinder them.

Regardless of your organization, objectives, financial constraints, or benefit ecosystem, their aim is to help you select from their extensive and adaptable offerings to create a program that suits your needs.

Complete solutions that are accessible to all employees

Student Debt Solutions

The more intelligent way to assist staff members with student loan repayment and college planning begins with Candidly Core, Their comprehensive benefit platform that includes self-guided tools for both tasks by default. Then, with premium sponsored offerings, you can increase the impact even further.

Emergency Saving

Give your employees smart emergency savings advantages to empower them. The savings of half of American adults are insufficient to pay for a $500 emergency. With a clever employee benefit that enables your staff to develop financial resilience and has a significant impact on your company, you can help close the gap.

Tuition Reimbursement

Meet Candily’s A+ solution for tuition reimbursement benefits: Deliver one of the most-requested workplace benefits with a smart tuition reimbursement solution that optimizes for tax incentives, ease of administration, and employee experience.

Student Loan Retirement Match

A student loan retirement match that meets your employees where they're at Match employees’ student loan payments with tax-advantaged retirement contributions assisted by their best-in-class, SECURE 2.0-friendly solution.

Sponsored add-on benefit:

• Employer Contributions to Student Loans: Make a direct contribution to your employees' student loan repayment as an investment in their success and the success of your company.
• Coaching: Provide online, one-on-one consultations with certified student loan specialists to assist staff in receiving tailored, practical advice.
• Forgiveness of Public Service Loans: Simplify the PSLF process for both businesses and employees.

Discover the top-tier student loan and savings platform from Candidly

A complete platform that offers solutions for every employee

Provide benefits that have a significant impact on each employee's financial wellness journey, regardless of where they are in it, all from their single platform.

Designed to be adaptable to your workforce

With configurable solutions, you can create a program that fits your objectives, financial constraints, and other services.

AI-powered direction that provides mass customization

Their next-generation solutions give each Candidly user the tools, resources, and individualized guidance they need to succeed.

An encounter that allows you to concentrate on what truly counts

Automated processes, streamlined onboarding, reliable knowledge, and quick deployment ease the burden on HR teams so you can concentrate on your employees.

Who they Serve?

For employers

Utilize the benefits of next-generation student loans to make financial wellness accessible. Give your employees the perks they truly desire to meet the moment and optimize your return on investment. Candidly provides cutting-edge employee perks for debt relief and more.

For plan sponsors and recordkeepers

Unlock the potential of a retirement match for student loans. Employers can assist in bridging the gap between retirement savings and debt repayment. You may begin now with Candidly.

For financial institutions

Smart student debt solutions can help you save money for your customers. With Candidly, you can help your customers save an average of $358 per month on student debt, which will free up money for necessities and foster genuine love and loyalty.

Meet the Founder and CEO

Laurel Taylor, the founder and CEO.

“A future in which education helps people move forward — and never holds them back.”
                                                                                                                                                – Laurel Taylor