Main | Monday, June 16, 2014

Starbucks Goes All In On Education, Offers Full College Tuition To Employees

Via Business Insider:
Starbucks announced late Sunday it will pay for thousands of its workers to take courses through Arizona State University to complete their bachelor's degree. The Starbucks College Achievement plan will let full- and part-time workers choose from 40 undergraduate degree programs at ASU that will be delivered online. 135,000 employees are eligible. "There's no doubt the inequality within the country has created a situation where many many Americans are being left behind," CEO Howard Schultz says in a video produced to announce the program. "The question I think for all of us is, 'Should we accept that, or should we try to do something about it?'" "We can't wait for Washington," he adds.
Amazing. Workers do not have to commit to remaining with the company after graduation. ASU's online degree program costs about $10K per year.

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