5 Things You Need To Know About Starbucks, Arizona State University, and the Future of Higher Education Reply

HK_Starbucks_Coffee_in_Caine_RoadIf you’ve been following any news about higher education lately, you’ve probably heard about Starbucks’s new initiative to pay for the college educations of its students. You can find plenty of good summaries and informational articles out there, including this one from Inside Higher Ed, this one from the Washington Post, and this one from the Seattle Times. Here’s a simple version:

1. A partnership between Starbucks and Arizona State University Online is going to pay for employees’ tuition entirely for their junior and senior years of online education.

2. The same partnership will provide financial assistance in the form of a scholarship for the first two years of college.

3. This is not a loan, and is based entirely upon employees’ continued work at Starbucks (there is a certain minimum number of hours students must work to qualify for all this) and attendance to the Arizona State University Online program specifically.

Sounds great, right? Well, it’s maybe a bit more complicated than it at first might seem.

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Debt Versus Education: What You Need To Consider Reply

Education savingsGail Marksjarvis of the Chicago Tribune wrote this article (which is now unfortunately closed off to most viewers on the Chicago Tribune website), stating that students should consider debt when they decide what college to attend. In the past, we’ve argued that college shouldn’t be all about the bottom line, how much money you can make versus how much money you spend. That said, though? Gail Marksjarvis is right — you should consider debt when you decide what school to go to.

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Pay for College, Make Money? Reply

iStock_000004647415XSmallWhile catching up on admissions news over my morning coffee yesterday and putting together our Monday link roundup for this week, I came across an interesting article on CNN Money. The article fascinated me so much that I deliberately left it out of the link roundup, as I wanted to think about it, do a little research, and then talk about it in its own separate post. This is that post, if you haven’t guessed by now. More…