Starbucks is helping its US employees obtain bachelor’s degree though a unique collaboration with Arizona State University (ASU). The Starbucks College Achievement Plan comes as a first-of-a-kind initiative aimed to provide the company’s younger part-time and full-time partners with an opportunity to get a bachelor’s degree with full tuition reimbursement.
As part of this program, Starbucks partners who live in the U.S. and work an average of 20 hours per week, will be offered an opportunity to select one of 40+ undergraduate degree programs that are available at ASU. The programs include electrical engineering, education, business and retail management to name a few.
Starbucks says that the partners, who will be admitted to ASU, will get full tuition reimbursement for each semester of full-time coursework. With this, freshmen and sophomores gill get a partial tuition scholarship and all kinds of need-based financial aid during the period of 2 years of full-time study. Starbucks won’t require the workers to stick to the company on completing the studies. In addition to this, Starbucks and ASU will be providing the students an access to the enrollment coach, financial aid counselor and academic advisor.
“In the last few years, we have seen the fracturing of the American Dream. There’s no doubt, the inequality within the country has created a situation where many Americans are being left behind. The question for all of us is, should we accept that, or should we try and do something about it,” commented Schultz. “Supporting our partners’ ambitions is the very best investment Starbucks can make. Everyone who works as hard as our partners do should have the opportunity to complete college, while balancing work, school and their personal lives.”