Starbucks announced that it will up it’s college reimbursement plan with Arizona State University (ASU) to four years instead of two. It will also offer faster reimbursement- every semester instead of every 21 credits earned.
The coffee chain will cover all costs of an online undergraduate Bachelor’s degree at ASU- a bill that could total as high as $60,000.
According to USA Today, Starbucks CEO Howard Schultz said, “By giving our partners access to four years of full tuition coverage, we provide them with a critical tool for a lifelong opportunity. We’re stronger as a nation when everyone is afforded a pathway to success.”
The company says it will invest up to $250 million or more to help at least 25,000 employees graduate by 2025.
It’s time to send in that barista application.
