Starbucks partners with Arizona State University

Starbucks established a partnership with Arizona State University (ASU) to enhance educational opportunities for its employees. This initiative specifically targets Starbucks employees who are in their Junior and Senior years of college, allowing them to complete a four-year degree through ASU's online program at a cost of approximately $23,000. The program is designed to make higher education more accessible and affordable for employees, with ASU providing a scholarship that covers 44% of the tuition costs. This financial support significantly reduces the burden on students, who are responsible for the remaining balance and any additional expenses, which can be managed through traditional financial aid options. The partnership reflects Starbucks' commitment to employee development and education, aiming to foster a more skilled workforce while also promoting retention and job satisfaction among its employees. By investing in their education, Starbucks not only enhances the personal growth of its employees but also strengthens its overall business model by cultivating a more knowledgeable and capable team. This collaboration with ASU is part of a broader trend among companies recognizing the importance of educational benefits as a means to attract and retain talent in a competitive job market.