Get the Stats: Teens and College Finance - FamilyEducation

Get the Stats: Teens and College Finance

Is your teen ready to manage money when she goes off to college? Take this quiz from the College Parents of America to find out.

Quiz

Is your teen ready to manage money when she goes off to college? Take this quiz from the College Parents of America to find out.

1. Are most high school students prepared to manage their personal finances?

  • Definitely.
  • Doubtful.

2. Brought to you by the College Parents of America.

Do students need to know how to manage the same financial services available to adults before they actually enter the workplace with a full-time job?

  • Yes, it's never to early to learn.
  • No, they won't have to worry about that for a few years.

3. Brought to you by the College Parents of America.

What percentage of students seek advice from their parents about managing their finances?

  • Very few.
  • The majority.

4. Brought to you by the College Parents of America.

Can students be expected to actually save money for college and during the college years?

  • Yes, they should set their sights on the future.
  • Money? What money?

5. Brought to you by the College Parents of America.

Are students getting the information they need on money management from the high school classroom?

  • No, schools aren't focusing on the practical specifics.
  • Sure. If they've taken math, they'll be able to figure it out.

1. Are most high school students prepared to manage their personal finances?
Doubtful.

2. Brought to you by the College Parents of America.

Do students need to know how to manage the same financial services available to adults before they actually enter the workplace with a full-time job?
Yes, it's never to early to learn.

3. Brought to you by the College Parents of America.

What percentage of students seek advice from their parents about managing their finances?
The majority.

4. Brought to you by the College Parents of America.

Can students be expected to actually save money for college and during the college years?
Yes, they should set their sights on the future.

5. Brought to you by the College Parents of America.

Are students getting the information they need on money management from the high school classroom?
No, schools aren't focusing on the practical specifics.

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