On Tuesday, Boston-based Fidelity announced that it had begun offering a perk that would help employees repay their student loans. All full-time employees at the manager level and below can get up to $2,000 a year paid toward their student loan, up to a total of $10,000. Employees still make their own payments, while Fidelity's benefit is sent directly to the loan provider by a third-party vendor and applied to the principal, reducing the overall size of the loan.
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