LOS ANGELES (CelebrityAccess) — Live Nation has joined a growing list of companies such as Fidelity and PriceWaterhouseCooper helping its employees to pay down student debt.
According to USA Today, Live Nation has begun working with tech startup Tuition.io to oversee the program, that will see Live Nation match employee contributions to pay off student loans of up to $100 monthly, or $1,200 a year, up to $6,000.
Tuition.io facilitates the process by simplifying the payment process for the client, automatically administering the payments to the lender.
“A lot of companies do cool stuff like free lunches or bring your parents to work day, which are all great, but we want to make sure we’re doing things that are substantive,” Nadia Rawlinson, Chief Human Resource Officer for Live Nation Entertainment, told USA Today. – Staff Writers