Starbucks Announces It Will Pay Tuition For Thousands Of Its Workers
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Starbucks announced late Sunday it will pay for thousands of its workers to take courses through Arizona State University to complete their Bachelor's degree.
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The Starbucks College Achievement plan will let full- and part-time workers choose from 40 undergraduate degree programs at ASU that will be delivered online.
"Supporting our [employees'] ambitions is the very best investment Starbucks can make," the firm said in a release.
Workers admitted as a junior or senior will earn full tuition reimbursement. Freshmen and sophomores will receive a partial scholarship and need-based financial aid. Students will have no commitment to remain at Starbucks past graduation.
CEO Howard Schultz will hold a webcast about the plan Monday at 10:45 a.m.
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