BENTONVILLE, Ark. — Wal-Mart Stores here said Thursday its employees will be eligible for college credits based on their formal training and job experience under the company's new Lifelong Learning Program — a partnership with American Public University, an online college.
Workers who enroll in a degree program with APU will be eliglble to move on a faster track to earning a degree in one of more than 70 different programs offered, the company said, adding that all employees who enroll in classes will receive a grant from APU equivalent to 15% of tuition costs. In addition, Wal-Mart said it will invest up to $50 million over the next three years to provide tuition asisstance and other tools to help workers prepare for college-level work and complete their degrees.
Wal-Mart said it is partnering with APU "because we believe their online programs will make it easier for you to balance class work with your job and family schedule. As we spoke with associates, many told us the ability to take a college class from your home computer would make the possibilty of going to college more appealing and attainable."
Read More of Today's Headlines