Starbucks (SBUX - Get Report) CEO Howard Schultz outlined some venti-sized ambitions in an address to the 2017 graduating class at Arizona State University Monday, urging students to end racism and develop clean energy.

"Your generation will transform our economy and create millions of new jobs," Schultz said during a commencement speech in Tempe, Arizona. The ASU Class of 2017 had more than 260 graduates who earned a degree through the Starbucks College Achievement Plan.

"You will develop cleaner energy," Schultz said. "You will make it so racism only exists in history books. You will be the generation that teaches the world that we are at our best when we recognize, respect, and celebrate our diversity." 

"Dream big," he concluded. "And then dream bigger."

The Starbuck's collage achievement plan was announced three years ago. The program allows employees who work 20 hours a week or more, the opportunity to get an online degree through ASU, debt-free.

There are currently more than 7,000 employees participating in the program.

Starbucks shares were trading down a cent, almost flat, in premarket trading Tuesday. Shares closed at $60.94 on Monday. 

Editor's note: The article was originally published at 5:47 am and has been updated

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