NORTH CAROLINA -- This year's college graduates may get a new incentive with their new jobs.

• Several companies now offer student loan repayment programs to ease the burden of student loan debt on their employees.
• The Employer Participation in Repayment Act is a proposed tax incentive with bipartisan support in Congress.
• The Institute for College Access and Success calculates the average student now finishes a Bachelor's degree with more than $28,000 in loans.

Several companies now offer student loan repayment programs to ease the burden of student loan debt on their employees.

Spectrum News spoke to a Fidelity Investments employee who says the company's student loan assistance program is a big financial help.

“When I graduated I had $20,000 of debt, and my student loan payment is $266, and Fidelity pays an additional $165 per month,” said Carol Golder.

The Employer Participation in Repayment Act is a proposed tax incentive with bipartisan support in Congress. That would make those loan repayment contributions tax-free, possibly enticing more companies to offer that benefit.

The Institute for College Access and Success calculates the average student now finishes a Bachelor's degree with more than $28,000 in loans.