These case studies highlight our measurement of transactional indicators with three credit unions, enabling them to drive positive impact for their members and their businesses.
Educating the Next Generation: Using KPIs to Assess the Impact of Student Financial Education Programs
The Financial Health Network partnered with Michigan State University Credit Union (MSUFCU) to analyze its financial education programming for high school and college students, revealing some signs of positive impact on business outcomes and the students’ financial health.
Principal® Foundation research shows that In the United States, 54% of young people between the ages of 18 and 30 report they have hit financial rock bottom – a situation made worse by pandemic-related job losses and college closures. This report shares new potential solutions from the Principal Foundation YouthCan Initiative Innovation Challenge, which supports organizations working to tackle the financial issues facing young people today.
Wayne State University Case Study: Giving Students a Second Chance at Success Through Debt Forgiveness
Research from the Financial Health Network shows that removing financial barriers for students can help them succeed both financially and academically. Learn how Wayne State University is working to develop effective tools for student success through the “Warrior Way Back,” a unique debt forgiveness program.
Each year, millions of college students struggle to stay in school not because of academic difficulties, but because of financial challenges. The Financial Health Network is dedicated to furthering solutions to help improve student financial health and increase academic success. In this case study, we explore how Edquity – an innovative student support app – is working to reduce the number of students who dropout of college because of a financial emergency of $500 or less.
“College students need more help managing their day to day financial health if they are to graduate successfully and parlay their degree into greater financial security.” Read Jennifer Tescher’s insightful Forbes entry about the real problems facing millions of college students that the college admissions scandal missed. Read the article >>
There is increasing awareness among community colleges and universities regarding the link between student financial health and academic success. In 2018, working closely with a cohort of innovative colleges and universities, Financial Health Network developed a new, holistic framework for not only understanding, but also assessing and measuring student financial health.
Higher education can provide remarkable access and opportunity to Americans, but financial challenges often prevent students from reaching their full academic potential. Read about how educational institutions can help more students achieve academic success and financial health.
By Melissa SunBurnt Saver One of my favorite quotes comes from Mary Oliver, the poet who wrote The Summer Day, which reads: “what is it you plan to do with your one wild and precious life?” Due to my annoying student loan debt, this quote haunts me more and more every time I have to…
By Lily from The Frugal Gene The Teen Years Saving your own money for college does a lot more than just paying the tuition. Spending your own money teaches you about the value of money, provides a safety net, and gives you a preview of the working world. I’ll tell you my experience of going to…
By John Hammond, StartU Today marks the 3rd annual #FinHealthMatters day; an event started by the Center for Financial Services Innovation to draw attention to the 57% of Americans — approximately 138 million adults — that are struggling financially today. This year’s theme is student health; emphasizing the financial health of college students in America today. At StartU, this…
By Justine, from Debt Free Millennials Forget student loan debt. When I think about my college experience, it’s filled with memories of purple everything, late night study sessions at Hale Library, $2 You-Call-Its at O’Malley’s, and being flat broke. Me and my girls. All purple. Cheap beer. K-State Wildcats. And dirt poor! I was clueless…