Starbucks is making headlines this week, but it’s got nothing to do with its coffee. The company has announced that it will be providing a new benefit to its 135,000 U.S. employees: subsidized or in some cases free college tuition to Arizona State University’s online program.
What should small business owners know about Starbucks’ new perk, called the College Achievement Plan? Here are three important facts:
If you’re thinking about providing educational assistance to your employees, consulting an experienced tax lawyer can help you learn more about your options.
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Related Resources:
- Starbucks to Provide Free College Education to Thousands of Workers (The New York Times)
- Student Loans Stay With You For Life (FindLaw’s Law and Daily Life)
- Starbucks CEO to Customers: Leave Guns at Home (FindLaw’s Law and Daily Life)
- Sisters Sue Dad Over College Tuition Promise (FindLaw’s Legally Weird)
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