By Bill Galluccio
Photo: Getty Images
Walmart announced that it will be investing nearly $1 billion to cover the full cost of college tuition and books for its employees. The retailer began offering free tuition through its Live Better U education program in 2018 but charged employees $1 per day.
Walmart said it is dropping the fee and increasing the options for employees who wish to seek a degree. This investment is another way we can support our associates to pursue their passion and purpose while removing the barriers that too often keep adult working learners from obtaining degrees,
27 Jul 2021
Walmart announced on Tuesday that it will “pay 100% of college tuition and books” for its employees seeking additional education through the company’s Live Better U (LBU) program. The company states that 1.5 million employees will be able to earn college degrees or learn trade skills at zero cost to themselves. Previously, the LBU program was offered at low costs but Walmart workers still shoulders part of the education costs themselves.
Walmart says it is committed to “eliminating the burden of education debt” by investing “nearly $1 billion over the next five years in career-driven training and development.”
The company added that starting on August 16, it will eliminate the $1 daily fee that employees have been paying for the education program, “making all education programs paid for by Walmart.” The company also previously offered discounts on college textbooks, but now says it will cover their cost completely.
By Bill Galluccio
Photo: Getty Images
Walmart announced that it will be investing nearly $1 billion to cover the full cost of college tuition and books for its employees. The retailer began offering free tuition through its Live Better U education program in 2018 but charged employees $1 per day.
Walmart said it is dropping the fee and increasing the options for employees who wish to seek a degree. This investment is another way we can support our associates to pursue their passion and purpose while removing the barriers that too often keep adult working learners from obtaining degrees,
By Bill Galluccio
Photo: Getty Images
Walmart announced that it will be investing nearly $1 billion to cover the full cost of college tuition and books for its employees. The retailer began offering free tuition through its Live Better U education program in 2018 but charged employees $1 per day.
Walmart said it is dropping the fee and increasing the options for employees who wish to seek a degree. This investment is another way we can support our associates to pursue their passion and purpose while removing the barriers that too often keep adult working learners from obtaining degrees,