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SAN DIEGO (KGTV) - Student loan debt is crippling tens of millions of people, more than credit card debt and auto loans. Now some companies are helping their workers tackle the mounting debt, offering student loan assistance as a benefit.Fidelity Investments is one company leading the way with its Step Ahead Student Loan Assistance program. “We look at our jobs day-to-day and we try and figure out how we can help people make the right financial decisions in their lives and it was something holding back some of our folks here at Fidelity," said Jared Roethlisberger, a Fidelity Branch Manager in Mission Valley. "They couldn’t save for retirement or they were working on saving for that home, and this allows us, Fidelity, to help those associates be able to take a little bit more home in their pocket."Employees who’ve been with the company for at least six months are eligible for ,000 a year toward their student loans up to ,000.RELATED: Making It in San Diego: Bill would help employers aid employees in paying off student loansFidelity started offering the benefit in 2016 and more than 9,300 employees have saved over million in principal and interest. The company says employees are able to pay off their loans five years sooner and lifetime costs were reduced by about ,000.Roethlisberger says it's not only a benefit to employees but to the company, helping with recruitment and retention of employees. “I also think it just makes folks happier, we see better retention of employees and happier employees," said Roethlisberger.RELATED: Making it in San Diego: Millions available for local studentsNow the company is helping other businesses offer the benefit to employees, launching the Student Debt Employer Contribution benefit in 2018. According to data from Fidelity's website, 86 percent of young people would commit to their employer for five years if they helped pay off their student loans. More than 55 companies are now making plans to offer the program and there are 10,000 active participants. Some companies are also getting creative, like providing an option to transfer carry-over paid time off (PTO) into a payment against student debt.Despite Fidelity's success, few businesses overall are offering this benefit. A 2018 survey by the Society for Human Resource Management found only 4 percent of organizations offered financial aid to help employees repay student loans, the same as in 2017. RELATED: This university is offering free tuition to families that bring in less than 0KSome lawmakers hope to change that, proposing a bill which would allow employers to give tax-free student loan assistance. Borrowers can also consider student loan refinancing; combining your existing federal student loans and private student loans into a single, new student loan with a lower interest rate.Make Lemonade, a free personal finance website, has created a list of their highest-rated refinance student loans and student loan consolidation options. 2997
SAN DIEGO (KGTV) - San Diego Police searched Friday for a very tall man who robbed a Hillcrest bank with a semi-automatic handgun. The man walked into the California Bank and Trust at 3737 Fifth Avenue about 9:15 a.m., police said. Officers said the man demanded money from a teller who gave him cash, then he ran from the bank. A witness said the man dropped some of the money as he fled the area. No injuries were reported. Police said the man is black, 6’5” tall, and 220 pounds. He was last seen wearing a fisherman's hat, dark sunglasses, a dark colored hoodie, and khaki pants. Anyone with information is asked to call San Diego FBI at 858-320-1800 or Crime Stoppers at 888-580-8477. 697

SAN DIEGO (KGTV) - Some of you tell us it can be hard to watch the news because it always appears to be so negative.At times it does seem like there is a lot of bad press, but we also like to share some inspiring stories. Stories like the veterans we followed all last weekend to Washington, D.C. on their Honor Flight.You were inspired, and you gave us your overwhelming feedback in this week's Let's Talk. 426
SAN DIEGO (KGTV) — San Diego's Board of Supervisors voted 4-1 to send a letter to Gov. Gavin Newsom requesting more reopening guidance, after hitting pause on reopening businesses last week due to community outbreaks.With Supervisor Nathan Fletcher as the only dissenting vote, the board voted to send a letter requesting state guidance on reopening wedding receptions, hotel meetings and conferences, street fairs, playgrounds, and team competitions.They heard from dozens of people pleading with them to help save their industries. "Our industry is struggling to survive. There are people still wanting to celebrate these events which is leading to bootleg events," said one caller who works in the event industry.Another woman called in to share the challenges of trying to plan a wedding." I've had to push my wedding back twice this year and have lost thousands of dollars due to the uncertainty of when private events will be allowed," said Rachel Lee. The request doesn't mean the county is reopening more businesses early, but it will allow them to prepare to do so under state guidance once local health officials give approval.RELATED: San Diego County pauses future reopenings after hitting community outbreak trigger"Today my motion to push for state guidance to open more businesses and activities was passed by a 4-1 vote. We will send a letter to Gov. Newsom on behalf of the BOS. This requests local control, for our public health officials to control reopening as safe and appropriate," Supervisor Jim Desmond said in a statement.The request comes after the county paused any reopenings, even if approved by the state, on Friday after reporting eight community outbreaks in a week. Monday, the county reported 10 community outbreaks.The county's limit is seven in a week. Exceeding that limit allows the county health officer to modify the public health order. RELATED: How San Diego County officials monitor coronavirus trendsIn addition to the temporary suspension of any more businesses reopening, the county said it would begin targeted enforcement of businesses that violate public health orders.Fletcher issued a statement on Tuesday saying, in part, it's "reckless and irresponsible" to propose the additional reopenings."San Diego County has hit the community outbreak 'trigger' for six consecutive days and recent days have generated not only the highest reporting of new COVID cases but also a doubling of the percentage of total tests being positive. Given these facts, it is reckless and irresponsible to propose expedited re-opening of additional in-door close contact group gatherings without any restrictions on the number of attendees," Fletcher said. "This would not only increase the spread of COVID but also threatens our economic recovery. We need to exercise caution, restraint and slow things down, not speed them up." 2865
SAN DIEGO (KGTV) - She lived through the depression and into the cyber age. And now Marian Walter is getting the red carpet treatment for her 106th birthday.Staff at Merrill Gardens at Oceanside say they were shocked to learn Walter was turning 106 because she's one of the most alive, intelligent, and funny people they've ever met.Walter was born in Brooklyn in 1913 and went on to earn a PhD. in Romance Languages and Literature at the University of North Carolina. She speaks seven languages and loved traveling the world. "Italy has just everything in the way of art, you know? It was wonderful. I hated to leave there!" said Walter. Her advice on staying forever-young is to work hard and never stop learning. "Learn as much as you can under any conditions you can do it!" said Walter.As for her birthday wish for the world, "Happiness, decentness. God wants us all to get along with one another. To help one another. To understand one another." Walter has two daughters, four grandchildren, and three great-grandchildren. The Mayor of Oceanside also paid a visit to Walter, honoring her with a certificate of recognition. 1142
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