Suffolk launches student-loan repayment program

Suffolk Construction, the largest general contracting company in Massachusetts, this January will launch a student-loan repayment program for its employees in an effort to reduce their financial stress and help them focus on long-term career growth.

Outstanding U.S. student loan debt reached a record $1.465 trillion in November, a rate that has doubled since June 2009, according to Bloomberg. Some 65 percent of college seniors who graduated from public and private nonprofit colleges in 2017 had…