Group says Ohio high schools should provide financial education
High school students are taught typing, a foreign language, the causes and effects of the Cold War, and every form of rock imaginable. But what about the knowledge that allows them to make wise financial decisions?
One group believes high schools should beef up their financial literacy education. The advisory group reviews debt-collection practices for unpaid student loans at Ohio public colleges. The group also thinks colleges should do a better job of helping students understand their debt obligations so they don’t suffocate under $30,000+ like most college grads do.
Ohio’s Attorney General Mike DeWine has been looking into this issue since last fall. He wants to make sure the state’s practices are fair and transparent as his office is the one responsible for collecting money owed to state colleges and universities.
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