04/24/2019
Is a college degree worth the high price tag?
According to U.S Bureau of Labor statistics, people who have a bachelor's degrees earn 40% more per week compared with those who have only earned a high school diploma. However, increasing college tuition puts students into thousands of dollars of student loan debt regardless of the increase in salary. Last year, it was reported that 44.7 million Americans had student loan debt totaling upwards of $1.56 trillion.
One additional concern is the cost of classes that a student has to take which have absolutely no bearing on their major. These filler classes add extra cost to the tuition and do not help to further the focus of studies that a particular student has chosen while still increasing the debt that will have to be paid back upon graduation.
Deciding whether or not to go to college is an important commitment that holds serious financial consequences. This is why we, DMFLF aims to target high school students with our program. We believe that the earlier our youth learn to handle their finances, the more refined their financial choices will be in the future. Our is comprehensive curriculum for students to build the foundation of financial literacy. Help us for today's youth!
dmfinancialliteracy.org