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Walmart’s Employees Can Earn a Degree for $1 a Day—Here’s Why It Makes Sense

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College tuition costs have ballooned over the years in the U.S., with the average cost of private college tuition reaching almost $35,000 for the 2017-18 school year. But for Walmart employees, a college degree may now cost only $1 a day.

Announced in May, the new plan covers tuition, fees, and books for employees who’ve been with the company for at least 90 days. Employees qualify if they don’t have a college degree already and are asked to contribute $1 per day (or $365 per year), with Walmart covering the rest.

While Walmart’s plan

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