[Related to the Economics in Practice in this section] Some employers offer tuition reimbursement for their employees who wish to further their education. Do a Web search to find a list of companies that contribute to tuition for their employees. Look for similarities among these companies and then answer the following question.
Part 2
Why might some companies choose to reimburse their employees for tuition, considering that education can be a source of wage inequality and higher levels of education often command higher wages? (Check all that apply.)
A. Tuition assistance induces employees to stay longer with the company as they make use of the benefit, and this saves employers on the substantial costs of searching for and hiring new employees.
B. Tuition assistance is often mandated by some level of government.
C. Tuition assistance can give employers a hint as to which of their workers possess superior ability.
D. Tuition assistance programs allow firms to hire better quality, more educated, more productive employees.
E. Tuition assistance for courses irrelevant to the employees’ jobs can benefit employers by, for example, helping workers reduce stress.
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