Target Will Now Pay for College Degrees at More Than 40 Schools
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Target is rolling out a new employee benefit it hopes will help it stand out today's competitive hiring market: debt-free college education.
The retailer announced Wednesday it will pay for college tuition, including textbooks and course fees, for all part-time and full-time employees in the U.S. Target joins a growing list of companies that have rolled out programs aimed at helping employees pay for undergraduate degrees. Just last week, Walmart announced it would expand its existing program to cover 100% of tuition for employees.
Target says more than 340,000 employees will be able to enroll for free in courses for high school completion, college prep, English language learning, certifications, and associate and undergraduate degrees. Target will also pay up to $10,000 annually for master's programs within its approved network of schools.
