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Boeing Puts Limit On Tuition Perk

In a cost-cutting move, the company says it will be limiting its tuition subsidy to classes that would further an employee's career at the company.

SEATTLE (AP) -- A Boeing Co. perk that let any employee take any college class they wanted for free will end this year.

In a cost-cutting move, the company says it will be limiting its tuition subsidy to classes that would further an employee's career at the company.

Boeing currently pays for the classes of about 6,000 employees in the Puget Sound region and 21,000 company wide.

The change is expected to take a toll on some Washington universities already hurt by the economic downturn. For example, at Seattle University's part-time evening law school program, 43 of the 201 students are Boeing employees.