A few weeks ago, while scrolling through my Tumblr feed, I came across a rather intriguing post. Alluding to education and the current state of Colleges in America, it read, “Despite the increasing financial burdens of attending college, 4 of the 10 most popular majors include: Social Sciences (ex: History and Political Science), Psychology, Communications, and English,” none of which offer the knowledge of how to resolve said financial burden amassed by students, post-graduation.
More students come out with more debt than is anticipated upon graduation. And most of them haven’t the slightest clue about how to successfully split between expenses and accrued liabilities. The reason? They weren’t taught. And at this point, the topic of money management should be something that is taught across the board, irrespective of students’ field of study. From a personal perspective, I believe some form of financial education, if only an introduction, would serve as a means of encouraging creative financial thinking (something I’m now having to take on myself) and offer a myriad of options and opportunities to those soon to face the real world.
The well-being of today’s students, (especially those in transition from college-life to the real world) should be priority, and schools owe that much to their students–to prepare them for what’s to come. After all, it’s what they’re paying so much for.