Understanding the three prominent financial health challenges that community college students face and how those students can improve their financial health through choosing and using quality products and services.
Millions of Americans are struggling financially, including more than seven million community college students. Unlike their traditional counterparts at four-year institutions, community college students often juggle family responsibilities, several jobs, and other personal demands. These students are more likely to be immigrants, underemployed, and the first generation in their families to go to college. The financial complexities of their lives can be overwhelming and may have negative consequences for achieving their academic goals.
Through formal and informal surveys of administrators, faculty, and students, as well as secondary research, Achieving the Dream (ATD), a national community college reform network, and the Center for Financial Services Innovation (CFSI), an authority on consumer financial health, have identified three prominent financial health challenges that community college students face.
Financial Health and Community College Students
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