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Pinkus 1Paola PinkusKaren CrozerEnglish 10124 January 2019A problem in college education specifically is that most people can’t stay financially stable or just don’t know how tooAs it is, most of the occupations that are rapidly growing call for an educational qualification that surpasses the diploma that is acquired in high schools. However, in America, not all the students that join colleges complete their education within the scheduled time. This is because most of the students cannot pay for the tuition fees that seem to be going up continuously. Sometime back, the US was leading in the world when it came to producing college students, as it is now; the country is in the 13th position, indicating that there has been a decline. If college were free or offered programs, then students wouldn't have to worry about tuition, books, and classes to pay for and then they would become financially stable.How then can institutions, parents and college students work collectively to attain the so desired financial stability? One sure way to achieve this is by offering financial assistance towards the students’ education. A larger population of college students comes straight from highschool without having the basic skills on how to manage their money (Tallman Np). The result isthat the students end up worrying a lot on where they will get funds to buy books, pay for their tuition fees among others. Students end up failing in class because they don't give their studies the attention that is needed. However, attaining financial literacy and stability among students usually has positive outcomes such as better performance, commitment, and loyalty to the institution and massive success financially outside school life hence, institutions should look at the bigger picture in their quest to offer these classes. Students shouldn't only be equipped to be financially stable in the present but the future as well.
Pinkus 2Colleges can ensure that students attain financial stability by offering financial classes to the students. This can be done right from the time the students get enrolled at the institution up tothe point of graduation. Through the classes, students will be able to learn on varied ways to savefinances. One way of demonstrating this is by teaching students on how to save for their tuition fees each semester by looking for prospective jobs. To add to this, financial lessons should be offered to students right from their high schools. The earlier it is done, the better because students get to join college when they are green on how to manage their money well. As Dennis Duquette (2018) states, “By including lessons on smart money habits early in their cognitive development, we can encourage young people to save money, foster family conversations, and empower students to be stewards of their own financial futures.” This is important, because if students aren’t shown how to be financially stable, then they will never learn and won’t be able to succeed in this life.