The majority of college students feel high levels of stress over money matters, according to a WalletHub survey published last week.
The personal-finance website surveyed college students and found 70% feel overwhelmed by their financial responsibilities.A fifth of students don’t have a plan for paying off their student debt after college.The results weren’t all bad. A plurality of 41% gave their personal finances an “A” grade.Over half said their parents help them pay their credit card bills.
Colleges aren't doing a good enough job teaching financial literacy, WalletHub Founder and CEO Odysseas PapadimitriouFinancial literacy is “such a big issue,” he said in the previous interview. But there’s a disconnect from an educational standpoint. “What surprises me is that ... we have some of the best universities and colleges and educational institutions in the world, and across the board, they're still not getting the importance of teaching people how to properly handle money, how to properly think about money,” Papadimitriou said.that he’s “occasionally astonished” at how little financial sense some of his very bright students have.
Financial Stress Student Loans Personal Finances Financial Literacy Wallethub Parents Educational Institutions
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