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McLaren Flint Tuition/Loan Forgiveness program

McLaren Flint, Goodly


Healthcare Industry

Organizations Involved

Occupations Impacted

Registered Nurses; Respiratory Therapists; Pharmacists; Other technologists and technicians; Healthcare, general

Workforce Development Focus

Increasing number of healthcare workers AND healthcare workforce retention

Workforce Issue Addressed

Providing a benefit or incentive that encourages individuals to pursue a healthcare profession; Opportunity for educational reimbursement


McLaren Flint has a $1.5 million tuition payment / loan forgiveness program to provide student loan repayment benefits to more than 100 of its employees who work in high-demand healthcare occupations. The student loan benefit is applied like a 401(k) contribution. Goodly, a platform that helps companies make contributions to student loan debt, takes an amount from McLaren Flint to apply toward student loans every month. This is on top of the employee's student loan payment. A maximum of $15,000 of funding may be applied toward the employees' student loans for up to 3 years. The goals of the program are to retain current McLaren Flint employees by helping them pay off their education debt faster and attract new employees.

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