The Hartford Announces Loan Repayment Plan To Help Reduce Employees Student Debt

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HARTFORD, Conn.- – (BUSINESS WIRE)- – The Hartford has declared another student loan reimbursement program to enable its workers to square away student debt. As indicated by an ongoing report by Experian, student loan debt in the United States arrived at a record-breaking high in the main quarter of 2019 totaling $1.4 trillion, with a normal student loan debt per borrower of $35,3591.

“The expanding cost of student debt keeps on being a worry for the nation and our workers,” said The Hartford’s Chief Human Resources Officer Marty Gervasi. “It is a budgetary weight that can cause a lot of pressure, and we need to enable representatives to have increasingly monetary adaptability, empowering them to concentrate on their lives and vocations.”

Under the new program set to start in mid-2020, almost 17,000 U.S. based representatives will be qualified to get a lifetime aggregate of $10,000 toward their student loan obligation. For partaking representatives, The Hartford will contribute assets to their credit suppliers legitimately every month.

The student advance reimbursement program is the most current component in more extensive advantages offering given by The Hartford to help representatives confronting the student debt emergency. In July, the organization propelled a student advance directing and renegotiating advantage in association with Gradifi. For workers, just as their relatives and companions, seeking after a professional education or with student debt, Gradifi can help with defining investment funds objectives, finding accessible grants and renegotiating student loans through a select gathering of loan specialists. Likewise, The Hartford offers educational cost repayment for workers seeking after undergrad and advanced educations.

About the Hartford

The Hartford is an innovator in property and loss protection, bunch advantages and shared assets. With over 200 years of mastery, The Hartford is generally perceived for its administration magnificence, maintainability practices, trust, and honesty. More data on the organization and its budgetary exhibition is accessible at Tail us on Twitter at

The Hartford Financial Services Group, Inc., (NYSE: HIG) works through its backups under the brand name, The Hartford, and is headquartered in Hartford, Conn. For extra subtleties, if it’s not too much trouble perused The Hartford’s legitimate notice.


A portion of the announcements in this discharge might be considered forward-looking explanations as characterized in the Private Securities Litigation Reform Act of 1995. We alert financial specialists that these forward-looking proclamations are not assurances of future execution, and genuine outcomes may contrast physically. Financial specialists ought to consider the significant dangers and vulnerabilities that may make genuine outcomes contrast. These significant dangers and vulnerabilities incorporate those talked about in our 2018 Annual Report on Form 10-K, resulting Quarterly Reports on Forms 10-Q, and different filings we make with the Securities and Exchange Commission. We expect no commitment to refresh this discharge, which talks as of the date issued.




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