Lifestyle

Starbucks Announces a Free College Education for Employees

This week everyone’s favorite coffee chain (the McDonald’s of coffee, if you will) made a huge announcement that will greatly benefit their employees.

No, they aren’t raising the amount they pay their baristas, minimum wage will still be the standard pay. However, they will be offering a chance for their employees who work at least 20 hours a week to take junior or senior college courses through Arizona State University’s online program for free. Plus they will provide those employees who enroll as a freshman or sophomore with scholarships worth close to $6,500.

Yes, you heard that right, starting this fall Starbucks employees will be able to get a college education, arguably one of the most financially damaging events one can go through in their life, for little to no cost.

The program is entitled “The Starbucks College Achievement Plan”, and according to Starbucks CEO Howard Schultz, is a plan that fits with Starbucks’ history as a company with a conscience.

“We as a company want to do something that has not been done before. That is, we want to create access to the American Dream, hope and opportunity for everybody.” Schultz said at the plan’s revealing.

At a time in our country when low-income workers are fighting to raise the minimum wage, Starbucks has made a bold move to give their low-income employees a chance to set themselves on a path to a higher, more sustainable paycheck: an opportunity as satisfying as that first sip of fresh coffee in the morning.

 

 

Photo Source: nbcmiami.com