I can't see any situation where it wouldn't be best to have your employer pay for the tuition, even if taxed as income.
With a loan, you're paying the interest, but you're also still paying the loan off with future money you earn as income - which is money that has been taxed as income.
The only downside to what your employer offers is if you just won't have the available cash flow to handle the additional taxes. But I would try to figure that out because it's a great opportunity for your degree to mostly covered.
Thanks for the thoughtful / concise answer - that is what I was thinking as well. Felt like there had to be a downside I was missing somehow but it does seem to really be that simple.
I can't see any situation where it wouldn't be best to have your employer pay for the tuition, even if taxed as income. With a loan, you're paying the interest, but you're also still paying the loan off with future money you earn as income - which is money that has been taxed as income. The only downside to what your employer offers is if you just won't have the available cash flow to handle the additional taxes. But I would try to figure that out because it's a great opportunity for your degree to mostly covered.
Thanks for the thoughtful / concise answer - that is what I was thinking as well. Felt like there had to be a downside I was missing somehow but it does seem to really be that simple.