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Target is the latest major retail corporation to extend an olive branch for free education to its employees. As previously reported by AfroTech, last month Walmart announced an education initiative in which the retailer would cover full tuition and book fees for their workers to go to college. Now, big-box retailer Target is joining in with its own debt-free education program that’s pledging roughly $200 million to fund the educational pursuits of its employees for the next four years. According to an announcement from the corporation, all Target workers will be eligible for its free education program that will cover fees for select undergraduate programs, certificates, certifications, free textbooks and more with zero out-of-pocket costs starting on their first day of work. The ambitious initiative is said to apply to all 340,000 plus Target employees for what the retailer describes as “the most comprehensive debt-free education assistance program available in the retail industry.”...
The college student loan debt crisis is a serious issue America has been faced with for decades. Americans owe over $1.64 trillion in student loan debt as we’re burdened with the cost of higher education more than ever in 2020. While politicians like Bernie Sanders and Elizabeth Warren have made proposals for free college tuition and forgiveness for the current student loan debt, others are making their own strides to eliminate debt for current college students. Clark Atlanta University alum and female entrepreneurs, Pinky Cole and Stacey Lee have made an effort to put a dent in the student loan debt crisis by helping clear balances for 30 fellow CAU college students. The 30 Clark Atlanta University seniors were surprised with a special gift from these businesswomen as they were originally led to believe they were simply meeting the two alumni. Little did they know these dynamic entrepreneurs were going to give them a clean slate after college by completely wiping their debt. “We...