Editorials
From deciding whether to spend an allowance, to choosing a university and putting a down payment on a house, no matter what stage of life we are in, we are required to make financial decisions.
$1,407,200,000,000. That is the current total of student loan debt in this nation. Trillions of dollars are weighing down on over 70 percent of college students and graduates. Over 15 percent of those have either defaulted or have been delinquent in repaying their loans. Seven out of 10 college students admit that their personal finances cause stress or worry.
Do you consider yourself educated about managing finances?
Why a Roth IRA for the baby would be a blessed event
Originally posted on Council for Economic Education's Blog for Financial Literacy Month.
Advocating Financial Literacy
By Congressman Ruben Hinojosa, 15th District of Texas
Financial Literacy Month is about empowering Americans to take control of their fiscal futures, whether by avoiding payday lenders, opening a first savings account or planning for a retirement. We all strive for a more stable financial life for ourselves and our families.
I am honored to serve as the co-chair of the Congressional Financial and Economic Literacy Caucus along with my colleague Congressman Ruben Hinojosa (D-TX-15). I truly believe this issue is so important because many of our country's economic problems can be addressed by educating Americans of all ages on financial literacy.