Financial literacy is not typically a top priority for American teens but new research shows that taking a course in personal finance could help teens borrow more responsibly for college.
Researchers at Montana State University found when students are required to take personal finance courses to graduate high school, they are more likely to shift from high-cost borrowing to low-cost borrowing to finance their college degree.
Students who took these classes were about 10 percent more likely to apply for federal financial aid and take out a federal loan than those without financial education, according to the study.
The Federal Work-Study program currently offers low-income students the opportunity to work while enrolled in higher education. But could it also serve as a career-readiness program?
A new report from the National Association of Student Personnel Administrators (NASPA) gives recommendations for how colleges can rethink work-study programs to more intentionally prepare students for the “real world.”
Register now for NACAC’s 40th Annual Guiding the Way to Inclusion and join hundreds of professionals responsible for multicultural recruiting, increasing access to higher education, and creating campuses strengthened by students with diverse backgrounds and perspectives.
The workshop will be held in Fort Lauderdale, FL on July 28-31.
Colleges and universities are working to recruit more diverse populations. But a new book finds that these marginalized populations often don’t have the resources and support they need as they work toward a degree.
“There’s a difference between access and inclusion,” explains Anthony Abraham Jack, author of the new book The Privileged Poor: How Elite Colleges Are Failing Disadvantaged Students.
“Universities have extended invitations to more and more diverse sets of students but have not changed their ways to adapt to who is on campus.”