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Rescooped by Elizabeth Klooster from Financial Services and the Internet
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Millions of Americans lack basic financial literacy, studies show - Los Angeles Times

Millions of Americans lack basic financial literacy, studies show - Los Angeles Times | Education | Scoop.it

Millions of Americans lack basic financial literacy, studies show Los Angeles Times A survey by the Financial Industry Regulatory Authority, a Wall Street-funded watchdog organization, found only 28% of respondents knew what happens to bond prices...


Via Brad Friedman
Elizabeth Klooster's insight:

It's gotten much more complicated to navigate the financial landscape in this country. This article indicates how much need there is for better financial education.

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Rescooped by Elizabeth Klooster from Financial Literacy for Adolescents, Parents, and Educators
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Personal Finance 101 Conversations: Episode 14, FAFSA 101

Personal Finance 101 Conversations: Episode 14, FAFSA 101 | Education | Scoop.it
This video takes you through each screen of the online FAFSA to see what information you’ll need on hand to complete the application quickly and accurately.

Via Julia Okada
Elizabeth Klooster's insight:

Getting into college is confusing. This brief video gives a great overview about getting that FAFSA done!

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Julia Okada's curator insight, November 6, 2013 2:00 PM

As students prepare to head off to college, families might have questions on where to find extra sources of money while struggling to find the means to finance their child's education. This video  is an excellent resource for parents and students wanting to know how to apply for and complete a FAFSA. Educators have found that in the past students and their families struggle with this application in order to receive state/federal student loans and grants. However, this video helps people navigate the application process and how to get the most out of state and federal aid for higher education. Being literate in the FAFSA application is so important especially for students considering college because students may find that they are eligible for more aid than they had imagined. However, having basic financial literacy will help students and families navigate the FAFSA even more fluidly.