College and University Blog
Financial Literacy Education: Making Students Aware of Credit Scores, Debt and More
College is an exciting time of newfound freedom for most people, but many young adults lack basic money management skills. Excessive student loan and credit card debt often accumulates during the college years, creating the foundation for a life full of financial woes.
The recent collapse of the housing market in the United States has some financial experts wondering if borrowers even understood the details of the mortgages that they were signing. Very few states require schools to teach basic personal finance skills and Champlain College in Burlington, Vermont is trying to change that.
Learning the Importance of Credit Scores
Between their junior year and graduation, Champlain undergraduates are required to participate in two Financial Sophistication sessions. The stylishly-named activities in financial literacy were developed as part of Champlain
Melissa Rhone+
Melissa Rhone earned her Bachelor of Music in Education from the University of Tampa. She resides in the Tampa Bay area and enjoys writing about college, pop culture, and epilepsy awareness.