Starbucks will now cover 4 years of college tuition for employees

A Starbucks store
(Image credit: Justin Sullivan/Getty Images)

Now that's a work perk: On Monday, Starbucks announced that instead of covering two years of college tuition for employees, it is doubling the benefit to four years.

The company is partnering with Arizona State University's online degree program to offer all eligible full-time and part-time employees tuition reimbursement for a four-year bachelor's degree, USA Today reports. ASU Online offers 49 undergraduate degree programs with the average tuition setting a student back $60,000 over four years. Starbucks is planning to invest at least $250 million in the project, with the goal of helping at least 25,000 employees graduate by 2025.

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Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.