Lowe’s has expanded their debt-free college financing options for their employees

Lowe’s has expanded their debt-free college financing options for their employees.

Reported by Higher Ed Dive, Lowe’s employees can now pursue more than 50 degrees and certificate programs from 23 institutions, including University of Arizona, Morehouse College, Paul Quinn College, and North Carolina A&T State University. Lowes will also cover all textbook and course fees for employee participants.

The takeaway? Lowe’s sees this as an employee retention play, but also an upskilling one. 50% of Lowe’s store leaders started as hourly workers. So the pipeline exists. And now Lowe’s just wants that pipeline upskilled on the way to bigger leadership roles. Win-win play for Lowe’s and those partner institutions. 

May you continue to fight the good enrollment growth fight at your institution today, and we’ll see you again tomorrow.

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Eric Olsen

Eric brings more than a decade of award-winning creative brand development, marketing analytics and higher education experience to Helix Education. Eric is a graduate of Bradley University and earned his MBA at Lewis University.