Jessica Haynes reports at mlive.com,
McDonald's Corp. is earmarking $150 million for college-tuition assistance for its employees, the fast food giant announced Thursday, March 29.Read more here.
The money will fund its Archways to Opportunity education program, which assists employees with college tuition assistance at community colleges, universities or trade schools and connect them with English language courses and education advising services.
McDonald's said the funding was available through changes in the U.S. tax law implemented by the Trump administration, which lowered the corporate income tax rate.
Eligible crew members can get up to $2,500 and managers up to $3,000 a year in college tuition assistance, starting May 1 and retroactive to Jan. 1 of this year.
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