College is becoming unaffordable for many in the middle class. The average student graduates with nearly $30,000 dollars in debt after obtaining a bachelors degree. That’s a pretty steep price tag and hardly a good way to begin one’s adult life. It makes living at home until you are 40 more and more of not just a possibility but a fact of life. Congress, to date, has refused to pass legislation that improves the college loan situation. Enter Starbucks to the rescue, according to Politico:
Starbucks soon will be helping college kids with more than pulling all-nighters.
The company best known for its pricey java chip frappuccinos said Sunday it will pay a huge chunk of college tuition for its baristas and the rest of its 135,000 U.S. employees through a new partnership with Arizona State University.
Many companies reimburse students for a portion of the undergraduate or graduate school tuition, but fewer go this far — and the coffee chain won’t require employees who use the benefit to continue working at one of its 8,000 stores past graduation.