Penguin Random House announced the launching of their new student loan repayment assistance program, set to begin in January 2017.
Working with student loan pay down provider Gradifi, Penguin Random House is creating a program to provide finical assistance to employees that will help them manage and pay down student loan debt. This aid will extend to full-time employees who have been with PRH at least one year. Considering the burden and economic hardships young professionals face while trying to manage their student loans and beginning their professional careers, actions such as this is a show of support from a major publisher that (hopefully!) could catch on in other companies and help future publishing professionals focus more on their futures and less on paying off their degrees.