Starbucks and ASU announce new education plan for employees - ABC6 - Providence, RI and New Bedford, MA News, Weather

Starbucks and ASU announce new education plan for employees

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By Jennifer Petracca

Starbucks Coffee Company and Arizona State University (ASU) are working together to help Starbucks employees continue their college education.

Starbucks and ASU announced the “Starbucks College Achievement Plan,” a first-of-its-kind program to help part-time and full-time employees finish a bachelor’s degree with full tuition coverage from the top-ranked online degree program.

All U.S. employees working an average of 20 hours per week at any company-operated stores (including Teavana, La Boulange, Evolution Fresh, and Seattle’s Best Coffee) may choose from more than 40 undergraduate degree programs taught by ASU.

Employees admitted as juniors and seniors will earn full tuition reimbursement for each semester of full-time coursework completed towards a bachelors degree.

Freshman and sophomores will be eligible for a partial tuition scholarship amd financial aid for two years of full-time study.

Employees with have no commitment to remain at the company past graduation.

Starbucks aims to reduce the nearly 50% rate of college drop-outs. The company wants to support students who do not complete their degrees due to debt, work-life balance, and lack of support.

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