CashCourse Reaches 1,000 Colleges Milestone
DENVER, CO – College students today face unprecedented financial challenges navigating the affordability of education while confronting the imminent burden of student loan debt. In response, the National Endowment for Financial Education® (NEFE®) has seen increasing demand for CashCourse®, its free financial education resource for college students and young adults, through partnerships with 1,000 schools nationwide since the service launched in 2007.
The latest school to enroll in CashCourse is Allan Hancock College in Santa Maria, CA, through a targeted alliance between CashCourse and the California Community Colleges Chancellor’s Office started in 2014. Since then, 93 of the 113 community colleges in the state have activated their CashCourse accounts. With the thriving enrollment, CashCourse now is providing its financial education service in all 50 states, including the District of Columbia and Puerto Rico, at schools ranging from small private colleges to large public universities, and both two-year and four-year programs. Through its progress, CashCourse has reached more than one million college students since 2012.
“College students enter a key transitional period as they become more financially independent and responsible. They start learning how to handle more complex situations like renting a place, finding a job, negotiating salary and being in charge of their own budgets. On the contrary, many of them have limited access to accurate and useful information that helps them approach these situations,” says Ted Beck, president and CEO of NEFE. “This is why CashCourse is a valuable resource for young adults. Creating partnerships with more schools will continue our mission to assist students all across the country.”
In May, CashCourse launched materials in Spanish. The addition significantly widened the program’s reach and enabled CashCourse to provide more college students and their families with information that can assist their financial planning.
“Young adults today are experiencing challenges from increasing student loan debt and working in a more competitive global economy,” says Amy Marty Conrad, manager of CashCourse. “We constantly are updating and adjusting the financial resources that CashCourse provides in order to fit the changing needs of our students.”
For more on CashCourse, visit www.cashcourse.org.
CashCourse is an unbiased, noncommercial online financial education resource for students, and is available free to all public and private nonprofit colleges and universities in the U.S. To enroll in CashCourse, schools simply enroll with NEFE and then add a link to their existing webpages. The site can be adapted to integrate the school’s logo, color schemes and additional resources. For more information, visit www.cashcourse.org.
About the National Endowment for Financial Education
NEFE is an independent nonprofit organization committed to educating Americans about personal finance and empowering them to make positive and sound decisions to reach financial goals. For more information, visit www.nefe.org.