By paying for their tuition fees to pursue a college degree, the current or former military members can now send their family to college at Arizona State University's online program. Starbucks made an announcement on Monday, as cited in Global Motherhood.
Starbucks started the program last June 2014 that aims to provide scholarship for all part-time and full-time workers and widening its College Achievement Plan initiative that would help veterans attain a bachelor's degree. More than 4,000 Starbucks employees already signed up and have taken advantage of the program.
Several employees who has now had a degree, recommended that the liberal advantage could be exchanged to their families. The company spokesperson shared with The Huffington Post.
"Our veterans shared with us that the benefit is generous, but many weren't taking advantage of it because they had already pursued a bachelor's degree," Harper said in an email. "That's when we began the work with Arizona State University to enhance the benefit to make it more relevant to our veteran and active duty partners."
According to CNN Money, "ASU covers 42% of that cost and Starbucks picks up the rest, minus any other scholarships the employee receives. Tuition prices at ASU depend on the program, but can total about $15,000 a year. Those pursuing a business degree, for example, pay about $523 per credit. But Starbucks workers can study whatever they want, and aren't required to stay with the company after earning their degree."
Starbucks states that it has exceeded over half its goal in hiring service crews. It currently has 5,500 employees composed of current and former armed forces service men.
"We have a responsibility as a nation to honor our veterans and their families for their service and sacrifice, but it goes beyond saying thank you -- we must put our thanks into action and collectively help those who are making the transition from military to civilian life," said Howard Schultz, Starbucks' chief executive and chairman, in a press release.
"Not only do we have a moral duty to engage veterans once they leave the service, we know that doing so in a meaningful way will ultimately strengthen our nation," he added.
U.S. veteran's average unemployment rate for the past year was around 6 percent, according to the Bureau of Labor and Statistics, and it has dropped to about 5 percent this year which is comparable to the national unemployment rate, which is also around 5 percent.
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