Can you say more? What kind of company would so such a thing? Maybe I live in a bubble but that's so far outside of what I've seen that it just sounds fantastical.
My company uses guildeducation.com and we can use basically $5k a year (I think, it might be semester), a lot of if it is just individual classes, but there are also some degree programs. I don't know if they preselect which courses are available to us or if we have access to the whole catalog. I suspect it's somewhat curated, because we are a medical company and most of it is medical stuff. There is a CS bachelor's program but last I checked there wasn't an MS CS program.
I would assume most companies with 100+ office workers (essentially big enough for an HR department) usually offer something like this in western countries.
Ok, both of these comments made me doubt my memory so I just checked and my current employer, a very large consumer company, and the limits of the program are that you get a C or above, and the class is "related" to your job or any job you can get at the company. But I've gotten classes paid for that only tangentially related to my job with no problem. So I concede that you might not get a biology degree as an engineer but my particular company does a lot of different things so my guess is in practice you'd have no problems. I also worked at a now-defunct mid-size startup and a hospital system with similarly loose requirements but I don't have access to their docs anymore.