High school students across the country are receiving college acceptance letters, but along with the excitement of admission, there’s sure to be some anxiety over how families will afford the rising costs of higher education. Recent research from the National Endowment for Financial Education (NEFE) finds debt from student loans is hindering Millennials’ transition to adulthood. With total outstanding student loan debt in America surpassing the $1 trillion mark, outpacing both credit card and auto debt, how can we help the next generation of young adults start on solid footing after graduation?
April is Financial Literacy Awareness Month and Ted Beck, President and CEO, NEFE, and Chair of the JumpStart Coalition, is available to share resources to help students and families understand college beyond the cost of tuition.
