| my urbana - log in | |
 |
|
 |
|
Resources 
|
 |
Money and Stewardship Introduction The cost of debt may be greater than you think, literally. 78% of US undergraduates with student loans have no idea how much they will eventually have to pay back due to compounding interest. The average student expects to pay back some $5,000 less than what their loans will ultimately cost. * "It is not uncommon for a student to graduate with a bachelor's degree and $20,000 worth of debt," said Terry Hartle of the American Council on Education. "That would have been unheard of 15 to 20 years ago." Today more than ever students face overwhelming financial burdens. In the United States, tuition costs have doubled over the last twenty years and increase year to year at a pace greater than inflation. Students often turn to an abundant use of credit cards, which simply leads to greater debt. Is the answer more student loans? More credit cards? Foregoing the opportunity of earning a college degree? Yet relative to much of the world, college students possess an abundance of wealth. 1/2 of the world lives on less than $2 a day. Thus students, and others with financial resources, live amidst the tension of immense financial abundance and corresponding demands placed upon such abundance. Good stewardship can be tricky. Add to this a sense of calling into missions and good stewardship becomes downright difficult. We've provided articles, videos, websites, worksheets, and other resources to help you give more, save more, and rightly steward your financial blessings. Proceed to the Money & Stewardship main page to explore the rest of this feature. * University Business Daily email update, March 28, 2001
|
|
|||
home | urbana
06 | know your
world | next steps | past
urbanas | blogs |
