Tuition reimbursement programs are very good at this. The federal government encourages companies to offer tuition reimbursement by in turn giving tax benefits to those companies which offer such programs. Therefore, tuition reimbursement is in that way, an advantage to companies in that, they stand to save expenditure while at the same gaining.
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Students often need to go into huge debt to be able to attend the college or university of their choice. They may receive tuition assistance from the government or from their college, but if this isn’t enough to cover all of their expenses, they need to send a letter requesting tuition assistance from a wealthy person who may want to help, from their church, a charity or from the government.
A tuition assistance program would tempt me to stay with my company longer so I could make use of the benefit. I would feel a greater sense of loyalty to my company because they paid for my education. I believe that my company would benefit in many ways by providing me with educational assistance. It would show me that my company wishes to.
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