October 4, 1997 in Nation/World

Boeing Offers Stock For College Degrees

From Staff And Wire Reports

Boeing workers will soon have an added incentive to hit the books.

Starting Jan. 2, the aerospace company will offer employees 100 shares of stock for earning a college degree. Based on Thursday’s closing price of $52.50, that would be worth $5,250.

Boeing already pays tuition, fees and the cost of books for any employee taking college courses. The employee must work a minimum of 20 hours a week.

Employees can study anything they want at accredited universities and colleges, said spokeswoman Sherry Nebel.

Boeing workers who are already college graduates but want to earn an additional degree will get 50 shares of stock.

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