Caramel Brulee Latte and a College Degree to Go

Starbucks CaptureWhen we think of companies that help pay for college degrees, we tend to think white collar jobs.

Starbucks recently announced that all of its employees were eligible to join the new Starbucks College Achievement Plan.

So how soon can you start? The program is now up and running. I will be very curious to see if they get an increased number of applications for what is clearly going to be an amazing program.

Here are a couple of answers from the FAQ for this program:

Q: Why is Starbucks offering this program?

A: Starbucks believes in the promise and pursuit of the American Dream. While more than 70% of our U.S. partners (employees) are students or aspiring students, we know that only half of Americans who begin college today will actually finish, largely due to financial and work/life barriers. We’re in a position to help. Investing in our partners and education is one of the very best investments Starbucks can make.

Q: Why did Starbucks choose Arizona State University?

A: We spent considerable time looking for the right collaboration for our partners. Arizona State University’s mission, values and brand are a good match to our own. Arizona State is the only University that could stand side-by-side with Starbucks to offer a high-quality education, at scale, to all of our U.S. partners. Plus, ASU is ranked the second most innovative school in the country by U.S. News & World Report, and ranks 5th in the U.S. in producing the best-qualified graduates. Starbucks is proud to join with an academic institution that recognizes the need for innovation to offer more people an opportunity at a quality higher education, and the freedom to pursue their passions in any field.

So do I recommend using this program for an 18-year-old first-time student? Since I do not know your personal life story, it’s hard to know what is best for you. Probably it is not a good idea to make this your first and only choice if you are not already a Starbucks employee.

However, if you are already employed by the company, then all bets are off.

 

Resources
1. Starbucks College Achievement Plan