A few years ago, few would have predicted anything like this from Wal-Mart. Wouldn’t it be nice if programs like this helped drive down the outrageously high university costs?
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.