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Paying for College - Consumer Financial Protection Bureau

Grades
10 to 12
8 Favorites 0  Comments
The cost of college continues to rise, and student debt has a significant impact on the US economy. The Consumer Financial Protection Bureau offers several important resources for those...more
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The cost of college continues to rise, and student debt has a significant impact on the US economy. The Consumer Financial Protection Bureau offers several important resources for those thinking about how to pay for college. An overview of student loans and how they work provides important consumer information. Also, some brief money management and banking can help those just starting out. The best part of Paying for College, however, is the financial aid offer comparison tool, which allows you to evaluate up to three financial aid offers from colleges using real "apples to apples" data. Finally, there is excellent advice about repaying student debt.

tag(s): banks (11), college (46), financial aid (16), financial literacy (108), money (177)

In the Classroom

The cost of college represents a real life example of the importance of financial literacy to high school students. If you teach money management, career planning, or consumer awareness, the units on student banking and student loans provide practical advice on financial management and planning for young people. Of course, this is also a resource you will want to share in the library/media center and college guidance offices.

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