UND teaches students to deal with a post-college reality
December 15, 2012 at 11:20 pm in Grand Forks Herald
As student loan debt reaches unprecedented highs, UND’s new Financial Wellness program is using students to teach students ways to manage that debt. Continue Reading
Congrats to UND for taking the initiative on personal finance. It is clear that a vast majority of students don’t have the skills, didn’t get it in high school and their parents didn’t teach them enough either. Given all that, I see the graduation rate after 4 years is still a dismal low 20%. After 6 years of school, barely 50%. My college years, the majority that did finish, finished in 4 years. The big question is why? Further, where is the taxpayer in all this and how much does the extra one or two years to graduate cost the taxpayer? Granted, I didn’t finish in 4 calendar years because Vietnam got in the way, but for actual time in school, got done in 3.5 calendar years with no debt.
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The reality is that life for people in the private sector is not a bowl of cherries.
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