If anything, it would have the opposite effect. Walmart is not offering a subsidy for any college program. They are offering it for two programs. This gives Walmart a lot of negotiating power to keep their price down. Further, unlike a typical 18 year old, Walmart will be a very high information consumer, and so much more likely to switch providers if their current ones start to charge higher rates.
Or, like companies picking employee investment plans and insurance, they'll go for the lowest bidder.
It is for only 2 degrees from 3 schools, so not likely. It feels like this will be for managers or soon to be managers.
> It feels like this will be for managers or soon to be managers.
Which, in my experience, is basically anyone who shows up consistently and can pass a drug test from time to time.
Then they will be above average college students.
I'm pretty sure I couldn't pass a drug test for at least half of my undergrad and all of my graduate career.
Pumping in more money on the demand side while keeping supply constant will do that, yes.
It's only for 3 university's and two programs at those schools. I doubt it'll have any effect.
I don't think this will have any impact on the price of tuition. The number of employees who will take advantage of these offerings isn't enough to make any impact for colleges.
I just feel this will pump more money into the schools that are administration-heavy (most of them) whilst not allowing the market to thin the herd.
Which was happening great before the benefit was offered?
Technically yes because it increases demand but if you're concerned about the price of tuition this subsidy would be dead-last on my priority list.
if tuition will continue to go up, as it has, it will have little to do with Wal Mart’s benefits, as it hasn’t.