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Wednesday, November 10, 2010

SU Partners on Cash Course for Students

SALISBURY, MD---As the number of college graduates with debt continues to increase, Salisbury University has partnered with Cash Course on a new Web site to help students become more financially savvy:  www.cashcourse.org/salisbury.  To learn more about the site, students may visit a table outside the SU Commons from 11 a.m.–2 p.m. Friday, November 12.

The Web site explores topics including budgets, loans and credit cards, as well as subjects like eating well on a budget and steps to becoming a millionaire.  Campus officials say the information is important because students nationwide are taking out loans, signing up for credit cards and spending money without planning.

“Salisbury University takes this issue very seriously and that’s why we have joined forces with Cash Course,” said Dane Foust, associate vice president of student affairs.  “The campus is ahead of the curve, once again.”

In Maryland, a State mandate is likely being considered during the next legislative session to encourage colleges and universities to provide financial literacy courses, Web sites or programs to help students become more financially savvy.

Foust has been working with Perdue School of Business students Ben Delisle, Julia Glanz, Ben Hoganson, Chante McKinney and Kristin Tippett to raise awareness about the Web site around campus.  The students are all enrolled in a small business consulting class taught by Dr. Stephen Adams of the Management and Marketing Department.

“Cash Course has a lot of useful information but not many students knew about it until now,” said Ben Hoganson, a senior marketing major.  “We want students to get out there and test the site and give us their feedback.”

To ensure that the SU Cash Course Web site is beneficial, he and the other business students have created a survey to gather feedback. After visiting the SU Cash Course Web site, SU students may take a survey at www.surveymonkey.com/s/PRZR3GX or through the Facebook group “Salisbury University Cash Course for Financial Literacy!”  Afterwards, they may enter into a contest to win a Wii game system.

“The winner of the Wii will be announced on Wednesday, December 1, but the knowledge gained from the site can be used forever,” Hoganson said. 



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