I worked for a company that offered tuition reimbursement. My obligation was to maintain a B average for each course and give them a year of service for each tuition paid. After two years on job, they found out they owed us health and welfare benefits totaling approximately $14,000. In order not to pay all the money back, the reimbursement they paid me was taken back allegely as a credit. To me this is a type of loan transaction because you repay a loan not tuition while fulfilling your obligation. Can this really be done.
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