ABSTRACT
As college costs continue to rise well above the rate of ination and nancial aid funding fail to keep commensurate pace with these increases, students are relying more heavily on student loans to nance their college education. Estimated at $1.16 trillion by the Federal Reserve Bank of New York, student loan debt is second only to mortgages, surpassing all other forms of consumer debt such as car loans and credit cards (Federal Reserve Bank, 2015). About seven in
Financial Preparation before College ..............................................93 Financial Experience ...................................................................93 Financial Stress ...........................................................................96
Taking Action on Campus ..............................................................96 Best Practice emes and Approaches ............................................98
