FOR EMPLOYERS

Attract and retain top talent

Summer helps employers boost financial wellbeing by reducing student loan debt, enabling college savings, and keeping more money in employees' pockets.

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Sample savings: $322/ mo. and $82,2111 total

Trusted by leading employers and partners

Student debt is costing you your best people. Summer helps you keep them.

Nearly 80% of Americans carry student debt, have borrowed for their children, or are saving for future education. With millions at risk of student loan default, employers have a powerful opportunity to support their workforce.

82%

of Americans say student debt is their top financial concern

74%

of employees are willing to leave their employer for one that offers better financial benefits

3 in 5

employees with student debt are engaged in the process of leaving their employer

Supercharge your team with guaranteed savings

Slash turnover at no added cost

Help employees unlock free federal money to reduce their monthly loan repayments. Employers who use Summer have seen a 20% reduction in turnover.

Show real financial outcomes

Maximize the impact of your benefits budget. Employees who use Summer see an average of $45,000 in savings per person. We guarantee results — or your money back.

Empower your team to focus on people

Be free from managing education assistance or student loan contributions. We securely manage the details so you don’t have to.

How Summer Can Help

Optimize Debt

We match employees to free government programs and get them on the fastest path to payoff.

Advance education

We help employees estimate future college costs and build a savings plan that works for their goals.

Reduce payments

We help you decrease employees' student loan debt through direct tax-favorable contributions.^†

Foster growth

We help you support employees’ ongoing education that may qualify for favorable tax treatment.

Plan for the future

We help you match employee student loan repayments with retirement plan contributions.

HOW EMPLOYERS ARE WORKING WITH SUMMER
Boosting financial wellbeing for fa!rlife employees
fa!rlife partnered with Summer to equip their team with the tools and support needed to reduce the burden of student debt. Through this partnership, employees get connected to government programs designed to lower monthly payments, and receive employer contributions that directly reduce their loan balance.
Impact:
$117/month
average savings per person
1 in 3
employees with student debt are actively using Summer
$117,000
contributed by fa!rlife directly toward employee student loans
"Summer is a hugely popular benefit in our organization. We always receive a ton of positive feedback—the platform is frequently praised for its ease of use."
Isaiah, HR Analyst at fa!rlife
HR Analyst at fa!rlife
HOW EMPLOYERS ARE WORKING WITH SUMMER
Strengthening employee satisfaction at Asurion
Asurion partnered with Summer to bring best-in-class education benefits under one roof, creating a seamless experience for employees navigating student debt or pursuing continued learning. This investment has helped strengthen employee satisfaction, improve retention, and position Asurion as an benefits-forward employer in a competitive talent market.
Impact:
$193/month
average savings per person
$21,728
average forgiveness through IDR
1,320
accounts created
Summer’s student loan benefits are a key part of our employee financial wellness offering. They’ve been a helpful partner and resource as we’ve prepared our workforce for the return of student loan payments.
Kristen Calhoun
Director of Benefits