It’s time for colleges to require mandated financial literacy courses

June 28, 2019 | CNBC.com

In a new report, the U.S. Financial Literacy and Education Commission“recommends that institutions of higher education require mandatory financial literacy courses.” It is about time.

The average student loan debt in the U.S. stands at $33,310. In fact, overall student loan debt is about $1.5 trillion, which means student debt has become the second-largest debt market after mortgages.

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