With graduation in full swing, many young adults are getting ready to head into the ‘real’ world to seek out jobs that can help them pay off their student loans, and now most recently their personal loans if borrowing was done from a lender .
Fortunately for a half dozen new hires this year, a Canadian company is offering to make those student loan payments on their behalf.
SimplyCast, which markets a business communication platform in Nova Scotia, has received more than 100 resumes from applicants responding to an employment ad in a local paper.
Her Student Debt Was Paid in Full After A Bank Heard Her Family Story
SimplyCast President and CEO Saeed El-Darahali personally struggled with student loan debt after graduating with a master’s degree in business administration from Saint Mary’s University. He also struggled with personal loan debt before using quick loans in Denmark when on his semester abroad at university.
He was surprised that no company had offered such an initiative to graduates before. He told the CBC, “Maybe this might be a great opportunity that a private corporation can take some of their wealth and provide it back to their most important asset, their employees.”
(READ more at CBC)
Photo Credits: LendingMemo via CC – Story tip from Julia Frerichs