Many college freshmen will soon be moving to their new campuses. They may have all the essentials they need for college, but when it comes to financial education, experts say many of them deserve an “F”.
A handful of senators struggled Thursday to hold together a bipartisan deal to keep student loan rates from doubling on July 1 while their colleagues traded political barbs with little more than a week to go before the deadline.
North Texan Joanne Pierre-Louie was thrilled to become the first in her family to graduate college. But, the American born daughter of immigrants was so focused on finishing — that she neglected to calculate the real cost of a degree at the school of her dreams.
To help parents and students, starting next fall, the actual cost of college will be spelled out in a one-page summary. The financial information is called a “shopping sheet.”
Zach Williams studies diligently in pursuit of his dream. “I’d like to go to the Air Force Academy, go into the military and be a pilot,” Williams said.