The value of a college degree is already in question. Economists and educators are just beginning to realize that education (as distinct from job training) will not raise income or create new opportunities for the majority of the population. There just aren’t enough good jobs available. Furthermore, the good jobs that are available often require specific job skills and training that aren’t learned at college.
Walmart’s program to allow cashiers, clerks, and other low-level employees to spend $24,000 for an online bachelor’s degree seems rather absurd. Are there really better jobs available for the 1 million+ employees if only they had the degree? I think not – there aren’t enough jobs as it is.