There’s no escaping the fact that the cost of getting a good college education is on the rise. Because of this, today’s students have to take on more debt than any prior generation to get a college degree.New graduates are also finding it harder to enter the work force due to stiff competition due to the economic downturn. College graduates are now competing against other job seekers who have many years of experience under the belt.
In addition, the cost of basic expenses such as housing, health care, energy, and transportation are on the rise. Post graduation salaries are not keeping pace.
It's expensive to be a student these days.
The Washington State Department of Financial Institutions (DFI) believes it’s vital for student make wise decisions about the amount of debt they take on.
To shine light on the student debt explosion debt explosion and to empower students to make wise money decisions, DFI has partnered with Consumer Education and Training Services (“CENTS”) to produce Debt Slapped, a DVD and Web site guide to managing student loans and debt.
We want students to make decisions that provide them with more options, not take them away by taking on too much debt.
To view the DVD online or to order a copy, visit the Debt Slapped Web site at http://www.debtslapped.org/
Viewing Parties
Here's an idea. Host a Debt Slapped viewing party. Pop some popcorn, throw in the DVD, and host a meaningful discussion afterwards.
Educators or instructors interested in hosting a Debt Slapped viewing party should contact Tony Leahy at (206) 267-7017 or tonyl@kcba.org.
Debt Slapped On You TubeThe entire Debt Slapped DVD has been posted on You Tube. Watch and share.
Debt Slapped On You Tube