UpSkill America is an employer-led movement to expand opportunity for America’s workers and allow our economy and communities to thrive. As part of our mission to advance the upskilling movement, we are pleased to share the following news from one of our partners.
In a press release, Target announced it will offer a comprehensive debt-free education assistance program to more than 340,000 employees. Beginning this fall, all part-time and full-time employees working in Target stores, distribution centers, and headquarters locations in the US will be eligible for debt-free assistance for select undergraduate degrees, certificates, and certifications on their first day of work. The program, offered in partnership with Guild Education, allows employees to choose from 250 business-aligned programs at more than 40 schools, colleges, and universities and pay no out-of-pocket costs.
For employees pursuing educational opportunities outside of the select business-aligned programs within the Guild network of schools, including master’s degrees, Target will provide direct payments to their academic institution of up to $5,250 for non-master’s degrees and up to $10,000 for master’s degrees each year. Target will also cover smaller out-of-pocket expenses, such as textbooks and course fees. Target will invest $200 million over the next four years in the program. Read more.
Even as the global pandemic continues to impact our economy and society, we are pleased to see Target remain committed to advancing the upskilling movement. We hope other businesses find innovative ways to promote upskilling during this difficult time.
Tweet An #upskilling bullseye! ? @Target announced it will offer a comprehensive debt-free education assistance program to more than 340,000 employees, available on their first day of work, in partnership with @GuildEducation.
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UpSkill America is an employer-led movement that promotes training and advancement practices to help workers progress in their careers and move into better-paying jobs. UpSkill America is an initiative of the Economic Opportunities Program.
The Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy. Follow us on social media and join our mailing list to stay up-to-date on publications, blog posts, events, and other announcements.