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JetBlue on Monday announced a new employer-sponsored college degree program with some unusual features. The airline is offering its employees with at least 15 previous college credits the chance to earn a bachelor's degree for $3,500 or less.

So far 400 JetBlue employees have signed up for the program. Each is assigned one of six success coaches JetBlue has trained and employs. The airline and its coaches then help employee students map a path to a degree from Thomas Edison State University, an online, public university based in New Jersey.

Students will receive prior learning credits for skills and knowledge they've picked up on the job. They also will be directed to online courses from Sophia, StraighterLine.com and Study.com, which in turn can earn students credit recommendations from the American Council on Education, which Thomas Edison accepts.

"We give them one class at a time," said Bonny Simi, president of JetBlue Technology Ventures, who helped create the program. She said the airline sought to eliminate some of the complexity in earning a degree and to use coaches to review students' transcripts and to help them fill in the gaps.

The company is planning for 1,000 of its 18,000 employees to be enrolled in the degree program on an annual basis, Simi said.