Financial Aids
Friday, October 24th, 2008According to this Inside HigherEd story, some colleges are beginning financial literacy classes for their students. Some are a part of the counseling that comes with accepting federal student loans, but they go beyond the basic you-must-repay-this message required by federal loans. Some schools are offering the classes as a part of their general curriculum.
Hardly anyone could argue that such courses aren’t a great idea; not only are young adults graduating with breathtaking debt to their names, both in educational loans and other areas, such as credit cards. Oddly, many young people plan to live comfortably, if not in wealth, but seem ill-equipped to manage the transition from student to financially secure adult.
Does your institution offer such classes? Are briefer sessions a part of your residence programming?