Skip to Content

Walmart will pay for workers' college tuition and books, removing $1 per day fee

Walmart Inc. (WMT) said Tuesday that it is eliminating the $1 per day fee for the college education program it had in place and will instead cover the entire cost of tuition and books for its workers. The move will impact 1.5 million part-time and full-time workers, the company said, and is part of a $1 billion investment in training and development over the next five years. Walmart is also adding areas of study to the degree and certificate options: business administration, supply chain and cybersecurity. And four partners have joined the Live Better U education program: Johnson & Wales University, the University of Arizona, the University of Denver and Pathstream. Walmart stock has slipped 1.2% for the year to date while the Dow Jones Industrial Average has gained 14.5% for the period.

-Tonya Garcia; 415-439-6400;


(END) Dow Jones Newswires

07-27-21 1104ET

Copyright (c) 2021 Dow Jones & Company, Inc.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.