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A Walmart Store Ahead Of Earnings Figures

Source: Bloomberg / Getty

According to NBC4i, Walmart announced Tuesday that it will pay for 100% of college tuition and books for employees through its Live Better U education program.

Starting Aug. 16, that fee will be removed for about 1.5 million part-time and full-time Walmart and Sam’s Club employees, allowing them to earn college degrees or learn trade skills without taking on additional debt.

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The Bentonville-based retailer said in a Tuesday release that it is committed to investing nearly $1 billion over the next five years in “career-driven training and development.”

Employees are eligible for LBU on their first day at Walmart, the company said, adding that the educational programs are “picked for the future of work.”

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