Guild Recognized for Game-Changing Solution for Preventing Student Debt in America
DENVER, April 28, 2020 /PRNewswire/ — Today, Guild Education, a B Corporation focused on creating opportunity for America’s workforce through education, won the Fast Company World Changing Ideas Award in the education category. Fast Company recognized Guild for its category creation of education as a corporate strategy and its innovative solution to prevent student debt in America, while also preparing America’s workforce for the future of work. World Changing Ideas is one of Fast Company’s major annual awards and is focused on social good, seeking to elevate finished products and brave concepts that make the world better.
By providing America’s workforce debt-free pathways to higher education through their employers, Guild Education has developed an innovative solution to tackle the student debt crisis in America and prevent student debt from occurring in the first place. Guild has brought tuition reimbursement into the modern era in the form of tuition assistance by building a software platform and payments integration with the leading Fortune 500 employers on one side and non-profit, accredited universities and learning providers on the other so that employees no longer have to front the money.
“We are honored to be recognized by Fast Company for our approach to preventing student debt in America, and we are thrilled to see our partner Chipotle recognized for its commitment to broadening opportunity through education for its workforce,” said Rachel Carlson, Guild Education CEO & Co-Founder. “This award reflects our innovative culture where employees are tackling incredibly complex challenges with game-changing solutions. Now more than ever, we are focused on ensuring that America’s workforce has access to high-quality, low-cost education in order to acquire the skills and knowledge needed for the future of work without the hefty price tag that often results in a life-time of debt.”
One of Guild’s employer partners, Chipotle, received two honorable mentions in Fast Company’s World Changing Ideas Awards for the expansion of its Cultivate Education benefits program, which made the company the first in the fast-casual restaurant industry to cover 100% tuition costs up front for their employees. In launching debt-free degrees for all eligible employees in Fall 2019, Chipotle opened up doors of opportunities for its employees and their career paths and has also seen a positive impact on its business.
“We are so proud of the partnership and the progress we have made together with Guild Education,” said Marissa Andrada, Chief People Officer at Chipotle. “We look forward to continuing the momentum with Guild as we focus on our mission of Cultivating a Better World and creating a culture where all employees can thrive and pursue their passion.”
Now in its fourth year, the World Changing Ideas Awards showcase 26 winners, more than 200 finalists, and more than 500 honorable mentions. A panel of eminent judges selected winners and finalists from a pool of more than 3,000 entries across transportation, education, food, politics, technology and more. A panel of judges from across sectors choose winners, finalists and honorable mentions based on feasibility and the potential for impact. With a goal of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all. The 2020 awards feature entries from across the globe, from Vancouver to Singapore to Tel Aviv.
About Guild Education
Guild Education is on a mission to unlock opportunity for America’s workforce through education, with a double bottom-line business model that does well by doing good. Guild partners with leading employers and organizations to help offer education benefits to America’s workforce. To do so, Guild partners with the nation’s top universities and learning providers, with classes, certificates and programs focused on serving working adults. Guild has been named a Fast Company Most Innovative Company, Top Woman-Owned Business of the Year, Employee Initiative of the Year and was one of only three female-led companies listed on the Forbes Cloud 100 2019 List. As one of the fastest growing companies in Denver, Guild is hiring across departments. To learn more about Guild Education, visit www.guildeducation.com.