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The article discusses financial-literacy programs at universities and colleges in the United States. Programs like Texas Tech University's help its students master the basics of budgeting, saving, and not buying what they can't afford. These programs are especially important as colleges grapple with rising costs and an economic downturn in the country. The author states that financial literacy affects student retention, productivity, and mental health, and may also generate good will in a time when colleges are being criticized for repeatedly raising tuition, fees, and housing costs. (From the EBSCO abstract.)

Supiano explains the extreme need for financial literacy in college campuses, where students are adults, yet still have very little financial knowledge or independence. Supiano discusses that without the new initiatives for new finance classes at colleges, non-business students would graduate with very little financial literacy, but in many cases with a lot of debt. This article paints a very great picture of the situation of our college financial literacy. The article gives helpful knowledge into some examples of college literacy initiatives, and offers many possible solutions to the financial literacy problem among college students.