As student loan debt reaches unprecedented highs, UND’s new Financial Wellness program is using students to teach students ways to manage that debt.
Starting Feb. 1, students can be matched with peers who help them create spending plans, learn about their credit scores and find ways to pay for college.
“There are some sound, savvy students on this campus that have investment portfolios that would make 50-year-olds blush,” said Laurie Betting, associate vice president for health and wellness. “We want to share that knowledge with all students.”
Only 10 percent of campuses nationwide report offering similar programs. Yet, as the Consumer Financial Protection Bureau reports, student debt is mounting nationwide, reaching the $1 trillion mark this year.