Invest in the future by investing in our children’s financial literacy
by Christopher Hallinan, Fall 2016 graduate of William Paterson University, NJ Student loan debt. The cold black mass that hangs over college graduates and follows the millennial generation around like an decrepit, stalking butler. The debt is here to stay, and for many young professionals can be a death sentence, a foot in an early grave if they let it. However, teaching financial literacy may be the key to eliminating this debt completely. A 2017 article published by Student Loan Hero, a resource helping student loan borrowers understand their student loans and make intelligent repayment decisions, found that college loan debt has reached a staggering: $1.3 trillion, or $37,172 per student. A figure that even the best-versed in financial literacy find disheartening to think about, and which...