Why College-Goers Misunderstand Debt
Student-loan debt is one of the largest financial obligations many Americans will ever take on. To an 18-year-old who has never paid rent or balanced a budget, $80,000 in loans…
Posts tagged with
“financial literacy”
Clearer Student-Loan “Guidance” Isn’t Enough
The U.S. Department of Education recently announced a reorganization of its Federal Student Aid (FSA) ombudsman’s office into a broader “Office of Consumer Education and Ombudsman.” The aim is twofold:…
Dear Secretary DeVos, Please Prioritize Financial Literacy
Congratulations, Secretary DeVos, on your recent appointment to lead the U.S. Department of Education. Now the real work begins. Your position requires you to prioritize competing educational ideas to promote…