MGM Resorts seeks to make higher education affordable, accessible to employees
September 10, 2018 10:11 AM
by Robert Mann
The Nevada Board of Regents has approved a program through which MGM Resorts International seeks to make higher education affordable and accessible to its nearly 72,000 employees throughout the U.S.
The program is a partnership between the Nevada System of Higher Education (NSHE) and the MGM College Opportunity Program and marks the first time a Fortune 500 company is partnering with an entire system of higher education. MGM employees, starting in 2019, can receive online education through NSHE schools, free of charge for all credit hours. The institutions include UNLV, the University of Nevada, Reno, Nevada State College, Great Basin College, Western Nevada College, the College of Southern Nevada, and Truckee Meadows Community College.
"As the American workforce continues to evolve, I believe in higher education as a pathway to the middle class. MGM Resorts is committed to expanding those pathways and investing in its employees and communities in which we operate," said Jim Murren, Chairman and CEO of MGM Resorts. "We are focused on reducing the financial burden on our employees while increasing access to professional growth opportunities."
The program will emphasize degree completion and provide assistance enabling employees to focus on taking the right classes to achieve their goals. Employees will receive academic and financial counseling and MGM will pay the cost for the degrees/certificates after all financial aid the employee is eligible for is exhausted.