Choptank Transport Distributes $24,000 in Student Loan Paydown Benefits to Employees
Choptank Transport has awarded $24,000 to 18 qualifying employees through the company's 2020 student loan paydown program. Choptank now has awarded a total of $87,000 through the paydown program since initiating it three years ago.
When launched in 2017, it was a rare and unusual offering. Even today, finding employers who provide this kind of program is like finding a black cat in a coal mine. According to a 2018 survey done by the Society of Human Resource Management, only 4 percent of the nation's workforce offered the benefit.