John Hailer is a senior executive at Natixis. In this Q&A, Hailer offers insight into the importance of student loan forgiveness programs, which have never been offered before by any other financial institution.

The burden of student loans can be crippling for many Americans today. With high levels of unemployment and underemployment, it is impossible to repay your debt in a timely manner. Unfortunately, because the interest rates on student loans are usually higher than normal credit card or car loan rates, it can be tough to make any progress towards repayment on your loans if you’re paying off another debt simultaneously.

Exec at Natixis John Hailer is committed to helping students struggling financially in this area. Here’s what John Hailer had to say about student loan forgiveness programs and how they can greatly benefit Americans dealing with this financial burden. John Hailer: Student Loan Forgiveness Programs Aren’t Just for Doctors and Lawyers Anymore

Many people feel that student loan forgiveness programs are only for doctors, lawyers, or other advanced professionals who have already worked in their fields for several years. While it’s true that these programs are of great benefit to those with high-paying jobs and large debts, they can also be of valuable assistance to those who are just getting started in their professional careers.

What types of student loan forgiveness programs does Natixis offer?

Natixis offers programs that help defer or forgive student loans for their employees. Employees who join our firm as interns receive their first year of education paid for. Employees who complete internships and continue working with us are eligible to receive a $10,000 reimbursement for returning to school.