Looking Ahead

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.

2 Comment

  1. I agree. I’m a few years out of college and thinking back, it’s astonishing that personal finance and investing aren’t required core courses. I mean, I took some really odd courses that were required to graduate (Quantitative Models & Methods and Jazz History & Analysis, anyone?) with my theatre and literature majors. It would’ve been nice if some of those courses intended to well-round me had, actually, well-rounded me (although I do have a pretty good appreciation of The Bad Plus and Sun Ra now).

    On the flip side, I think there is a small rising of Gen Y-ers who have finally noticed this deficit and started to educate ourselves. Hopefully, this will spread and by the time we all have children, we can do a little better with their financial educations.

  2. Melissa, thank you for sharing. It really bugged me to learn that I was ill-prepared for some of the situations I’d end up facing, post-undergrad. We’re not being prepped for the actual real world, and it’s sad to say. Instead, we’re left with a stringent selection of courses that serve us no benefit in the long run. I believe this is one of the reasons why we’re seeing that rise in the number of individuals who look to educate themselves to gain an edge–they understand that taking matters into their own hands is the best option. Let’s hope things change, and soon.

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