Student-Loan Matching Hits Snags.

The article discusses the potential for abuse of the Private Letter Ruling issued by the U.S. Internal Revenue Service (IRS) in which it approved a student loan repayment program as a 401(k) benefit. Topics covered include amount of student loan debt facing U.S. college graduates, results of the meeting of the IRS with trade groups for federal guidance on the ruling and consequences of allowing others to implement the student-loan matching idea.