Join us for our highly anticipated Annual Meeting, Greater Boston's top business convening of the year.
05/20/2025
4:30pm - 8:00pm
Omni Boston Hotel
This virtual event gives small business owners the chance to hear directly from procurement officers about opportunities to work with them.
05/29/2025
12:00pm - 1:00pm
Virtual
Join us for an exclusive networking event at the Museum of Fine Arts and enjoy self-guided tours of John Wilson and Van Gogh, showcasing the deep bond of family, friendship, and community.
06/05/2025
5:30pm - 8:30pm
Museum of Fine Arts
This program is in redevelopment. Click this page for DEI resources.
Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.
Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.
Join us on June 12 for a highly interactive virtual workshop with Strategic Career & Leadership Coach Carole-Ann Penney.
City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.
We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).
Small businesses are the backbone of the Boston economy. Learn more about the resources available through the Chamber.
BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.
For over 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.
The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.
Explore our mission and values to better understand how we are leading the business community forward.
Our member directory is your resource to discover, connect, and engage with Boston’s businesses from every industry and sector.
The Greater Boston Chamber of Commerce submitted testimony this week in support of H.2391, An Act encouraging employer student loan repayment, sponsored by Representative James Arciero. This proposal permits a corporate tax deduction of up to $2,000 per employee for employers making student loan repayment contributions toward an employee’s student loans and ensures that the benefit is not treated as taxable income for the employee receiving it.
As employers seek new ways to stay competitive in attracting and retaining talent, some have begun to offer student loan repayment assistance as an employee benefit. For employers and employees alike, this is a valuable benefit because most Massachusetts graduates enter the workforce with some level of student debt. In fact, the average student debt for Massachusetts graduates in the Class of 2018 is estimated at almost $32,000. [1]
In 2016, the Chamber partnered with Attorney General Maura Healey and released a report that looks at the impact that student debt has on our workforce and employers. The report found that borrowers with student loan debt face tradeoffs that affect their ability to take important financial steps like purchasing a home, saving for retirement, or starting a family. Not only is student debt a burden on individuals, employers also feel the effects because it can impact the choices people make in choosing career opportunities and potential employers.
This legislation will allow an employee to deduct the contribution that their employer makes towards their student loans and, as a result, put repayment programs on par with employer-provided tuition assistance, which is excluded from the personal income tax. [2] Furthermore, this legislation will incentivize more employers to offer the student loan repayment benefit because it will allow them to deduct the cost of those benefits from their tax burden.
We urge the Joint Committee on Revenue to report this bill favorably to encourage broader adoption of student loan repayment programs and to provide such programs parity with other education-related fringe benefits.
[1] The Institute for College Access and Success: Student Debt and the Class of 2018
[2] Employer-provided tuition assistance up to $5,250 is not subject to the personal income tax.
Popular Resources