Walmart announced that it will pay for full college tuition and book fees at some schools for its employees in the United States.
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According to a press release, the retail giant said approximately 1.5 million Walmart and Sam’s Club employees “can earn college degrees or learn trade skills without the burden of education debt.”
“We are creating a path of opportunity for our associates to grow their careers at Walmart, so they can continue to build better lives for themselves and their families,” Lorraine Stomski, senior vice president of learning and leadership at Walmart, said in the statement.
“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,” Stomski added.
Ten academic partners, including the University of Arizona, University of Denver, and Southern New Hampshire University, are participating in the program. To be eligible, you must continue to be a part-time or full-time employee at Walmart.
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Around 28,000 employees participate in the Live Better U program, which Walmart began in 2018.
In addition, Walmart will drop the $1 daily fee paid by employees who want to earn a college degree.
The company is also adding extra certificate and degree options, including in areas such as supply chain, cybersecurity and business administration.
Earlier this year, Walmart announced that it would give raises to 425,000 U.S. employees.
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The company said it would raise wages to at least $13 an hour, with some employees getting an average above $15 an hour. Raises went into effect on March 13.
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