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Target Announces Debt-Free Education Initiative

The retail company, Target has announced a new initiative in partnership with Guild Education that will pay 100% of college tuition and textbook costs for more than 340,000 employees. They will also allow part-time employees to select from 250 programs at more than 40 U.S. schools and universities, with Target paying 100% of tuition and textbook costs.

The service’s target will provide are as follows:

  • Employees will be able to choose from both high school and college programs.
  • Along with college preparation English language learning, and various certificates and degrees.
  • Target added that the initiative will also cover up to $10,000 of master’s programs costs within the previously chosen network of schools.
  • They include historically Black colleges and universities such as Morehouse College and Paul Quinn College along with schools like the University of Arizona and Oregon State University.
  • Target is the latest company to offer debt-free education to its employees; other big names including Walmart, Chipotle, and Starbucks have announced similar initiatives.

They don’t want the cost to be a barrier for anyone, and that’s where Target can step in to make education accessible for everyone. Melissa Kremer, chief human resources officer, said in a statement,

“A significant number of our hourly team members build their careers at Target, and we know many would like to pursue additional education opportunities.”

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