To that point, 44% of Black employees said they are having trouble affording education, compared to 29% of white employees. There's a similar discrepancy among men and women. Roughly 36% of working women report financial barriers to education, compared to 22% of men.
"There are still the constraints that all working adults have: time, the financial commitment and having the confidence to go back to the classroom," said Jill Buban, a workplace education expert and general manager of EdAssist, a division of Bright Horizon focused on workforce education. EdAssist works with companies like Accenture, Bank of America and T-Mobile to develop upskilling programs.These benefits can give that extra boost. That can be a real game changer."with the increased opportunity for distance learning, people can enroll in a program online perhaps that they haven't been able to do in the past," Jilek said.
Alex Hall is completing his MBA virtually. The senior director at Liberty Mutual in Boston is enrolled at Northeastern University and takes classes at night, after work. His employer reimburses 100% of the cost for undergraduate and graduate courses."I don't know if I would have incurred that large expense on my own," Hall said.
Hall said he hopes an advanced degree will help him achieve his professional goals. "This is the avenue that will hopefully put me in positions of more authority," he said.
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