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Healthcare Industry Financial Wellness Case Study

May 07, 2021

 

The healthcare industry ranks as one of the highest in educational debt, and the shortage of qualified healthcare workers across the U.S. is estimated to lead to 600,000 vacant positions by 2025.

A hospital system employer partnered with Prudential to design a student loan assistance solution and the results were significant. Retention improved by 55%, the hospital saved an estimated $5 million in talent management costs, and average student loan duration time was lowered by 64 months for its bedside nurses.1

 

Read More

To learn more, read The Growing Case for Student Loan Assistance Programs   PDF opens in a new window.

 

Footnotes

  • 1 Vault’s data for Nebraska Medicine, as of 2/26/2021

For Compliance Use Only:1046440-00001-00

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