Wal-Mart to Offer Its Workers a College Program
New York Times
Wal-Mart is dipping its toe into the online-education waters, working with a web-based university to offer its employees in the United States affordable college degrees. The partnership with American Public University, a for-profit school with about 70,000 online students, will allow some Wal-Mart and Sam’s Club employees to earn credits in areas like retail management and logistics for performing their regular jobs. The university will offer eligible employees 15-percent price reductions on tuition, and Wal-Mart will invest $50 million over three years in other tuition assistance for the employees who participate. Executives at Wal-Mart, the nations’ largest retailer, said the company was not interested in entering the online-education field in a broader way. The point of the program, they said, was to help employees get more education and to build a better work force. Even so, because of its size, Wal-Mart’s internal changes often turn into industry standards, as with its efforts involving environmental sustainability.
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