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PSLF-qualified Employer Survey

Today, we’d like to share the results of two surveys we conducted regarding Public Service Loan Forgiveness. The question we asked employers was simple:

On a scale of 1-10, how familiar are you with PSLF? (well, we wrote out all the words):

1) Our first outreach was to over 300 non-profit 501c3 HR offices. All of these employers were PSLF-qualified.
Average score: 3.5

2) Additionally, we polled roughly 100 physician recruiters on a recent webinar and asked the same question. Of these recruiters, 85% were PSLF-qualified, 10% didn’t know, and 5% were for-profit.
Average score: 4.4

These results are promising; if we asked the same question just 3 years ago, the average would’ve been decidedly lower. But these results ultimately speak to the gulf still to be traversed with respect to qualified employers maximizing PSLF as a recruiting and retention tool.

BenElevate is committed to becoming the go-to resource to make all qualified employers a 10. Schedule a diagnostic with us to learn more.

About Author

Jason DiLorenzo

Jason is the Founder of BenElevate, an early stage fintech company working to address the student debt crisis by bringing to bear tools, expertise, and bespoke solutions to streamline student debt management for borrowers and employers.

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