Wal-Mart employees will soon be able to earn college credit for their on-the-job training and experience. In a letter to U.S. associates, Wal-Mart Vice Chairman Eduardo Castro-Wright said the company is partnering with online educator American Public University to offer the college credits and tuition assistance to help employees get a higher education.
Employees who enroll in classes from APU will receive a grant equivalent to 15% of their tuition costs. Wal-Mart is said to be investing up to $50 million over the next three years in the program. Wal-Mart chose to partner with APU based on its affordability and online programs.
A company survey showed that 72% of Wal-Mart's 32,000 associates preferred an online college rather than a "brick-and-mortar" school. What's next, earn college credit at McDonalds?
This is just my own opinion, but I believe that the whole college system, in fact the entire education system has long been one of the largest businesses our government has going. I've long thought the system to be a joke and here's further proof. This is just them propping up two ailing institutions.
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