Bright horizons edassist solution endorses cares act student loan repayment extension

Newton, mass.--(business wire)--bright horizons ® edassist solutions (nyse:bfam) today announced its support of the cares act student loan repayment provision, which congress recently agreed to extend to 2025. under the new provision, employers can make tax-free contributions of up to $5,250 a year to their employees' education expenses, covering both tuition and student loan assistance. while the provision was initially set to expire at the end of 2020, it has been extended through december 31
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