Starbuck's announced yesterday that it is making it possible for 135,000 part- and full-time employees to complete a college degree from its education partner, Arizona State University, through an individualized online degree program. Starbucks is going to pick up 100% of the tab for the second two years of the degree program, and most of the first two years' costs.

This is a breakthrough initiative where no other major corporation has gone. With the skyrocketing cost of higher learning and the difficulty rank-in-file employees have in completing college, let alone high school, Starbucks may have broken the code on addressing this country's most serious issue: education.

Over the weekend we once again listened to more deliberations by the President on military intervention in Iraq for another few billion dollars. At the same time, the US educational system ranks 17th among 50 countries assessed, according to the Economist Intelligence Unit.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.