Posted on 05/02/2013 6:10:20 PM PDT by Olog-hai
Your employer already does help do all that - It’s called a paycheck.
My employer paid 100% of my tuition for my 2 graduate degrees.
The problem is, after 5,200 dollars in tuition assitance from an employer, the government takes 40% of it
Thusly, after 5,200 dollars of yearly assistance, I only got 60% of my costs covered
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My Dept. VP required that all of us in any level of Supervision/Mgt. would have to earn at least a Masters degree in a field relevant to our discipline.
I earned a 48 hour MBA, doing night classes and Saturdays; Fall, Spring and Summer. The company only ADVANCED the tuition each semester to assist the enrollment process, but then withheld 1/3 of the amount from each of the next three paychecks. Thus, I paid for my own post-grad degree at a private university. .......It’s not the employer’s responsibility to pay for anyone’s education!
Higher education became unfordable when it began to be subsidized.
Evidently many employees believe their employers have magic checkbooks. I could assume these same employees would reciprocate for the tuition assistance by remaining loyal to their donor employers for a productive career, but then, I don’t live in the same fantasy as these entitlement minded dolts.
The biggest problem we face is the fact that at least half of the people who ARE PULLING THE WAGON, believe that we need to put even more people in the wagon, and give them even more and more and more and more money.
WE ARE DOOMED!!!!!!!!!!!!
It certainly isn’t.
I could have simply taken my talents to another company and had them pay for it. I have been lucky that my skill set keeps me in very high demand and generally employers are competing for my services rather then me competing with others for work.
I had to front the costs of my 2 graduate degrees and was reimbursed 100% of my costs. However the government stole 40% of it beyond $5,200.
Generally there is a 1-3 year payback period post graduation.
In my case it was 1 year and it was prorated. Had I left after 6 months, I would have been on the hook for 50 percent of what was paid out to me. After 1 year I free and clear.
I was lucky that 13 months after my last tuition reimbursement payment I received an offer which increased my salary 40% and gave me further responsibility. I gave my employer that paid for graduate degrees the chance to match but they were unable to.
I took the higher offer. That is how the free market works.
If a benefit is offered by an employer, why shouldn’t one take advantage of it. My beef is with folks “expecting” their employers to offer it, as though they believe it to be an entitlement.
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