Starbucks Wants You to Pay $5 More for Coffee

All in the name of stimulating job growth
By Kate Seamons,  Newser Staff
Posted Oct 4, 2011 11:23 AM CDT
Starbucks Wants You to Pay $5 More for Coffee
Hey mister, can you spare a fiver?   (Getty Images)

Hey Frappuccino drinker, can you spare a fiver? Starbucks is hoping that its customers will begin ponying up an extra $5 beginning next month. No, not because that grande drink now costs $8. Starting Nov. 1, Starbucks will accept donations of $5 or more to its "Jobs for USA" program, and 100% of the money will be loaned to companies or groups that are able to create new jobs or stem job losses. Pony up, and you'll walk away with more than a do-gooder glow: Caffeine addicts who give will get a red, white, and blue wristband that reads "Indivisible."

The AP notes that job creation seems to be a bit of a pet project of Starbucks CEO Howard Schultz (see here). Starbucks is currently hiring about 200 people a day in the US as it remodels existing stores and adds new locations, but Schultz apparently wanted to do more. Starbucks will foot the bill incurred by getting loans out through the program, which will run indefinitely. (Read more Starbucks stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.