Intel Cuts 100 Colleges from Its Tuition Reimbursement Progam

Discussion in 'General Distance Learning Discussions' started by Hortonka, Mar 9, 2010.

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  1. Hortonka

    Hortonka New Member

  2. Ian Anderson

    Ian Anderson Active Member


    My last employer, a major aerospace company, used to pay for any degree - I had fellow engineers studying for non-work related degrees in areas such as religion, law and real-estate. Recently they announced they will only pay tuition for work related degrees (such as engineering, science and business).

    Another sign of the current economic downturn.
     
  3. AUTiger00

    AUTiger00 New Member

    Is this Boeing by chance? My best friend works there and was upset because they recently instituted a similar policy along with no longer allowing employees to take a leave of absence to pursue a degree (another of our friends at Boeing left to attend London Business School, came back and Boeing picked up the bill).
     
  4. bazonkers

    bazonkers New Member

    With 100 schools on the list, there has to be many fairly well known B&M schools as well as unknown ones. The article mentioned Xavier for example. I wonder why they feel that school doesn't meet their standard.

    As for businesses paying for ANY degree, while nice, it does seem like a waste of money. As a shareholder, I'd be a little perturbed to know that profits were being rolled into education funding for people pursuing totally non-work related subjects.
     
  5. jaer57

    jaer57 New Member

    It might have something to do with this bit from the article:

    "Intel employees can now receive tuition reimbursement only for attending business classes at institutions accredited by the Association to Advance Collegiate Schools of Business and engineering classes taken at institutions accredited by ABET, formerly the Accreditation Board for Engineering and Technology."
     
  6. Lerner

    Lerner Well-Known Member

    In a way this is good for the employees as they can earn degrees with highest recognition. Usually the employees already degreed and their next degree attending Graduate School can be done by DL.

    I wander from the approved universities list how many offer DL degrees.
    ABET accredits DL Masters degree programs and I think the same goes for
    the AACSB accredited programs.

    I think as mentioned in the article and by Ian that this was not necessary quality issue but more of focused investment or better use of the money for company needs.

    If UoP add to their programs ABET accredited Engineering program who says that they can't be back on the list of approved Intel tuition reimbursement list.
    Especially if this trend will spread across many companies.
     
  7. Shawn Ambrose

    Shawn Ambrose New Member

  8. TEKMAN

    TEKMAN Semper Fi!

    Intel re-reimburse only $3,000 - $4,500 per year? That is not even enough for one course at SMU, Columbia DEN, Poly-NYU, USC-DEN, and etc.
     
  9. jaer57

    jaer57 New Member

    My company limits it at the IRS exclusion rate of $5250 per year, but requires the courses be work related and approved by a supervisor. It's paying for my UMUC classes so I can't complain. I know some companies don't offer any tuition reimbursement, so I consider myself lucky...
     
  10. major56

    major56 Active Member

    One thing about Apollo Group (UOP), they do understand business /politics. It’s my bet they’ll be back in good graces with Intel before too long.
     
  11. CalDog

    CalDog New Member

    Intel dropped non-ABET and non-AACSB programs, including those at UoP, in 2006.

    As of 2009, those policies were still in effect, according to Newsweek.
     

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