Sadly, most people struggle financially in this economy and
lack of financial education at school makes the situation even worse).
Not exact matches
«They just don't know how the game is played,» said Thomas Mortenson, a policy analyst for the Council for Opportunity in
Education, about the
lack of experience many lower - income families have in dealing with
financial aid.7 Many «high - income high schools» help students apply to college - entrance preparation classes
at top universities, and they sometimes provide private admissions counselors.8
It is one
of the many ironies in life that many people recently completing post-secondary
education have substantial debt levels
at a time when, based upon their life experience to date, they might be the least capable
of managing this debt simply due to a
lack of experience handling their finances and immaturity regarding
financial literacy.
Where else can someone who is working
at unskilled things like serving tables, washing dishes, driving a delivery truck, working
at an auto assembly plant or other factory, telemarketing
at some boring office or who is otherwise working
at any minimum wage job due to a
lack of education and / or meaningful real - life experience etc., get to go to real estate classes (hoping that a few months thereafter to be guiding uneducated consumers through the most expensive and most important
financial transactions
of their lives in trade for big fat commissions) often with a minimalist
education (maybe just scraped by
at that after multiple attempts to pass grade ten or eleven) and expect to instantly be labelled a professional operative upon passing the real estate courses» exams via penning memorized responses to forewarned - about - exam - questions by instructors who need to display a suitable passing percentage
of students to keep their part - time teaching jobs?
BOSTON — Fleet
Financial Group has launched an
education and savings program aimed
at helping first - timers break through two major barriers to homeownership — a
lack of information on the financing process and a
lack of funds for a downpayment and closing costs.