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Financial stress, whether caused by a lack of money management skills or simply the need to pay expenses, creates subsequent challenges for college students. These challenges affect each student in different ways. Inadequate money management skills and experience can lead to students dropping out of school, ultimately leaving them worse off if they incurred debt but didn’t receive a degree.

Our research shows that more than 50 percent of former college students cited finances as a major source of stress while they were in school. This stress follows them into their years of student loan repayment, in addition to their lives after school.

Learn more about why financial education is important for college students and ways your institution can help.

Why Is Money Management Education Important for Students?

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