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Disney Offering Free College Tuition to Employees

The “Happiest Place on Earth” is now paying college tuition for its employees. According to the Wall Street Journal, Disney now joins other companies in the belief that paying for…

LAKE BUENA VISTA, FL – MARCH 19: In this handout photo provided by Disney Parks, in a special moment for Magic Kingdom guests, the U.S. Navy Flight Demonstration Squadron, the Blue Angels, streaked across the skies above, Cinderella Castle March 19, 2015 at Walt Disney World Resort in Lake Buena Vista, Florida. The flyover featured the Blue Angels’ six-jet F/A-18 Hornet Delta Formation making two dramatic passes above the Magic Kingdom, with Cinderella Castle as a focal point, en route to an air show in Florida. (Photo by Mariah Wild/Disney Parks via Getty Images)

Mariah Wild/Disney Parks via Getty Images

The "Happiest Place on Earth" is now paying college tuition for its employees.

According to the Wall Street Journal, Disney now joins other companies in the belief that paying for higher education of employees will lead to better-trained staff and more internal advancement.

The company has plans to spend around $50 million on education for employees by mid-year and an additional $25 million per year after that.