Debt 101: MO College Students Learn Life Skills
(Local News ~ 08/25/14)
JEFFERSON CITY- As students across Missouri prepare to head off to college, many will be learning important debt-management skills thanks to grants from the Department of Higher Education. Liz Coleman, the department's communications director, said the default-protection grants awarded to 31 Missouri colleges and universities will allow those schools to develop programs to help students understand how to live within their means. "How to pay for college and earn a degree without overextending themselves financially," she said, "student loan debt, credit card debt, and the importance of planning for a secure financial future." Experts estimate the average student loan debt for a student who just graduated in 2014 to be close to $33,000. ...
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