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Category Archives: Students

Why isn’t college LESS expensive during a recession?

It has been difficult to pick up a newspaper the past week without seeing a story on the rising cost of college tuition; these articles from the LA Times and the Washington Post are representative.

College costs are in the news because of the College Board’s “Trends in College Pricing 2009” report, which  I would encourage [...]

Where To Find Free Online Finance Courses

We have written a lot in the past about high schools incorporating financial education into their curriculum and local communities offering personal finance courses for kids. But personal finance lessons aren’t just for children and teenagers—they’re valuable even for those of us long-since out of school.
Jeremy Vohwinkle at Generation X Finance has compiled a list [...]

The Best Financial-Education Products for Teens

There is a host of new financial products to teach youths about managing their money before they’re even old enough to open their own credit lines. More banks are offering text alerts for your credit or debit card if your child is an authorized user. And now there are more options for giving kids autonomy [...]

Avoid the Freshman Financial Fifteen

College students have a lot to deal with: New classes, new surroundings, new friends, and adjusting to a new lifestyle away from home.  It’s easy to get wrapped up in the college scene and forget to take care of your finances, but making good decisions early will pay dividends later.  Here are fifteen financial missteps [...]

Frugality Is the New Black

If you’re in college, chances are you’re back in the dorms this week. And if you’ve got your eye on the new fall fashions and cool electronics, we’ve got news for you: Being cheap is in.
As the Oregonian reports:

Frugality is the new cool in this back-to-school shopping season, expected to be one of the slowest [...]

Teaching Teens and Students to Use Credit Cards Wisely

Tuesday’s Wall Street Journal had a useful article for parents on how to “train” their teens to start using credit cards wisely. The main goal is to teach youths to build a credit history without falling into debt.
The article makes a strong point: While it is a great gift to allow your child [...]

5 New Ways Young People Waste Their Money

Kiplinger’s put together this list of 20 ways young people waste their money (although many of these bad habits are often held by folks old enough to know better).
Some of the tips are obvious: Don’t buy a new car or brand-name groceries, turn off your lights when you leave the room, cancel your cable to [...]

Providing the Financial Basics for Up-and-Coming Young Consumers

Along with the increasing number of high school and college classrooms that are incorporating personal finance into their curriculum, many community groups are also finding ways to offer lessons in economic education.
In Missouri, the Boys and Girls Club of West Central Missouri puts financial lessons into practice with its “club bucks” program.
The members [...]

How Much Student Debt Is Too Much?

The New York Times editors posted an interesting discussion on the Room for Debate blog last week regarding student loans and higher education.
The responses from five ‘insiders’ chosen to participate are far-ranging and address the questions: How much is too much to carry in student loans? What factors should be weighed? Should a student forgo [...]