Starbucks to help pay for US workers’ college tuition

FINANCIAL TIMES: Starbucks will pick up part of the tab for its US employees’ college tuition, at a time when heavy student debt loads are being blamed for slowing growth in the world’s largest economy.

The coffee chain is partnering with Arizona State University to offer discounted tuition for online bachelor’s degrees to 135,000 employees who work at least 20 hours a week.

Workers will receive partial tuition – about $6,500 – for the first two years and full tuition for their final two years, with no obligation to stay with the company after they complete their degrees. They can choose from about 40 programmes including engineering, education and business… (more)

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