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jlowens

U.S. Teenagers Really Don't Know the Value of a Dollar, Global Test Shows - Inside Scho... - 20 views

  • "Financial literacy is concerned with the way individuals understand, manage and plan their own and their households' financial affairs, and with their awareness and understanding of the overall financial and economic landscape they live in," 
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    Financial Literacy Education
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    Financial Literacy Education
Sasha Thackaberry

Colleges use FAFSA information to reject students and potentially lower financial aid p... - 34 views

  • When would-be college students apply for financial aid using the FAFSA, they are asked to list the colleges they are thinking about attending. The online version of the form asks applicants to submit up to 10 college names. The U.S. Department of Education then shares all the information on the FAFSA with all of the colleges on the list, as well as state agencies involved in awarding student aid. The form notes that the information could be used by state agencies, but there is no mention that individual colleges will use the information in admissions or financial aid -- and there is no indication that students could be punished by colleges for where they appear on the list.
  • Now, some colleges use this “FAFSA position” when considering students’ applications for admission, which may affect decisions about admission or placement on the wait list, said David Hawkins, director of public policy and research for the National Association for College Admission Counseling.
  • So the institution is disinclined to use up a precious admissions slot for a student who is unlikely to enroll.  “The student has no idea that this information is being used in this context,” Hawkins said. The federal government "doesn’t indicate it. Institutions certainly aren’t telling students they are using it. Certainly, this is a concern from this association’s standpoint.”
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  • It's unclear if the Education Department was aware of this issue until contacted by Inside Higher Ed on Friday. The department now says it will review the longstanding practice of sharing the FAFSA positions with every college.
  • The use of the list on the FAFSA is just another example of how colleges are using increasingly sophisticated data mining techniques to recruit and shape their classes.
Prakash Dheeriya

Need your support for a great cause. Won't cost you a penny! - 10 views

I have a special request to make. I am applying for a small business grant that has, as one of its requirements, getting support and votes from facebook users. This grant will enable us to provide...

grants financial literacy children

started by Prakash Dheeriya on 12 Jun 12 no follow-up yet
Prakash Dheeriya

Teach finance to elementary, middle and high school children using stories - 6 views

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    Disclosure: I am the author of these children's books.
rstrean

Choosing A Credit Card: The Deal is in the Disclosures - 0 views

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    basic terms for understanding credit card applications; from 2008 but not rendered irrelevant by the 2009 reforms
Dominic Salvucci

Practice Investing, Stock Market Game | UpDown.com - 1 views

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    A site to practice investing. Free to join.
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