Morgan's student loan repayment journey has become a little easier over the past year. In May, GlobalFoundries launched a new student loan repayment program that provides qualifying US-based employees up to $28,500 in student debt relief. Since the launch, a company spokesperson told BI that 237 employees have enrolled and that it's disbursed more than $100,000 in repayment funds.
'Paying off my student loans at a much faster rate will allow me to save that additional income to invest in our future, our home, and the growth of our family,' said Morgan, who asked to be identified by her first name for privacy reasons. 'This program is helping me to achieve financial freedom.'
#student-loan-relief #employee-benefits #workforce-retention #globalfoundries #semiconductor-industry
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