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As student loan debt affects a growing share of students and makes up a larger and larger portion of total American household debt, U.S. institutions are rising to the challenge by recognizing the need to prepare their students with a broad set of financial skills.
In addition to providing enhanced financial education programs, many are seeking to provide students with better information about the variety of loan and non-loan options for supporting themselves financially as students. Institutions are also striving for greater transparency about the costs and value of their degrees so students can make wise decisions about their investments in an undergraduate or graduate degree.
The presentation below illustrates six core areas of institutional action informed by the Request for Proposals for the CGS/TIAA initiative Enhancing Student Financial Education: student engagement; ensuring relevance; institutional responsibility; partnerships; research, evaluation and improvement; and best practice exchange.
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