<prompt> Human: As an interest-free loan that I will pay 200 month towards. Id like to know your thoughts on this...Im torn between being thankful but reluctant.It is a small accounting office, about 6 employees total, so Im sure everyone will find out. It will take me about 7 years to pay it with minimum payments.  <response>: Thats really nice of him. From his perspective, thats an incentive to have happy, motivated workers who can actually have a life, not be worried about making the rent because of student loan repayment. From your perspective however, now theres an implicit obligation for you to stick around until its paid off. So to prevent that from being an albatross around your neck, Id insist on drawing up some terms that cover the repayment, as well as how you will handle the repayment if you decide to leave or get terminated. Also be clear on how the 200 a month is going to be handled. Is your boss intending to claw back the 200 from your gross? or post tax as the student loan payment would be - this will have income and payroll taxdeduction implications for both of you. On the surface, _good_ tax implications for you I think, but its something to consider and get in writing. he might also be looking at some payroll deduction or reduction benefit as well 