Financial literacy vital for future generations (Co-Ed)

Financial literacy vital for future generations (Co-Ed)

By Judith Corprew, Executive Vice President-Chief Compliance & Risk Officer at Patriot Bank, Conn. 

 April 22, 2019 | ctpost.com 

 

Today, more than 44 million Americans carry student loans with cumulative debt, totaling $1.56 trillion. According to a 2018 study from the Rockefeller Institute of Government this number has increased 144 percent in the last 10 years. That is an average of $35,454 for each of those individuals ? in many cases enough for a down payment on a house or new car.

 

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