Statistical Information at the Parent's Corner! 

Money, Statistics and Youth!

What happens when you put youth and these statistics together in one gigantic learning environment? You have an opportunity for massive change ... that's what! Parents or Guardians - What a great time to take action. You can support and encourage your child to participate in our wealth and skills building program. This engaging and interractive workshop takes the student from stumbling blocks to building blocks by providing wealth building concepts plus their own website and e-business (cash-vault!) in an accelerated time frame! Now these are skills for life! We're building sustainable, healthy and vibrant communities ... one program and one student at a time! Success means many things to many people ... we advocate for a healthy foundation inside and outside! So, are you ready to read?! The statistics are staggering and lengthy, which means it's time to get busy!  COURSE REGISTRATION AND PROGRAM DATES! Click Here Name:    E-mail:

Parent(s) and YOUth Dialogue: Ninety-four percent of youth cite their parents as primary source of financial education.  Thirty percent of youth report that their parents rarely or never discuss saving and investing with them. Forty-seven percent say their parents rarely or never discuss household budgeting with them.   Sixty-one percent of parents say that parents and schools should share the responsibility for teaching children about financial education. Research has shown that as little as 10 hours of personal financial education positively affects students spending and savings habits. Bankruptcies: Over $50% increase in bankruptcies among people under age 25. 1.4 million families filed for personal bankruptcy in 2001. Your Youth's Psychology: A 2004 study indicated young adults from 16 to 22 will comprise the majority of online shoppers despite the fact that they are ill-prepared to manage their money. Teens surveyed by Teenage Research Unlimited reported spending 98% of their, money, rather than saving it. More than 1 in 5 youths ages 12 to 19 have their own credit cards or have access to parents' credit cards, and 14% have debit cards. 40% of students are likely to buy a pair of jeans (or something similar) they really want even if they do not have the money to pay for it. 22% percent would pay for it with a credit card. One in three carry credit cards, even more have an ATM card. Youth spending has roughly doubled every ten years for the past three decades, and tripled in the 1990s. Nearly half of all high school students nationwide have a part time job.  COURSE REGISTRATION AND PROGRAM DATES! Click Here Keep Reading Below for more Statistics!   Click on the image and it will take you to our email!  We'll provide you with a 30 minute Strategy and Information Sessionl! College Students: Youth Financial Literacy Studies Report (Various Years) Undergraduate students carry an average of three credit cards each and have an average credit card debt of $2,327 in 2002. The average college freshman has 2.5 credit cards; by graduation they have almost tripled the number of cards they hold. Graduating students have an average of $20,402 in combined education loan and credit card balances.   Graduate students have an average credit card debt of $4,776 and hold an average of four cards each.  Twenty-eight percent of students with a credit card roll over debt each month.   University administrators state that they lose more students to credit card debt, than to academic failure.   Graduating students have an average of $20,402 in combined education loan and credit card balances.         Persons entering college are offered an average of 8 credit cards the first week of school. 55% of college students acquire their first credit card during their first year of college, and 83% of college students have at least one credit card. 45% of college students are in credit card debt, the average credit card debt being $3,066. Undergraduate students carry an average of three credit cards. Graduating students have an average of $20,402 in combined education loan and credit card balances. 20% of graduating college students have $10,000 or more in non-school related credit card debt.  An increased number of college student borrowers feel more burdened by their education debt, with about 25% of the borrowers perceiving themselves as having significant problems. Students who came from low-income families report feeling more burdened by their debt than other higher-income students, when controlling for all other factors.  28% of students with a credit card roll over debt each month. University administrators state that they lose more students to credit card debt than to academic failure.  In 2001, the credit industry issued more than 5 billion solicitations to consumers, including college students.  Only 59% of college graduates agree that the benefits of incurring student loans are worth it overall. Students double their average credit card debt-and triple the number of credit cards in their wallets-from the time they arrive on campus until graduation. College students borrowed in the 90s what they borrowed in the 60s, 70s and 80s combined. Credit card companies usually offer credit limits to college students between $500 and $3000, with higher interest rates than nonstudents, between 18% and 20%.   COURSE REGISTRATION AND PROGRAM DATES! Click Here Earnings: High School graduates stand to earn over $1 million in adulthood—without adjusting for inflation. Sixty-one percent of parents say that parents and schools should share the responsibility for teaching children about financial education. College Students: Youth Financial Literacy Studies Report (Various Years) Undergraduate students carry an average of three credit cards each and have an average credit card debt of $2,327 in 2002. The average college freshman has 2.5 credit cards; by graduation they have almost tripled the number of cards they hold. Graduating students have an average of $20,402 in combined education loan and credit card balances.   Graduate students have an average credit card debt of $4,776 and hold an average of four cards each.  Twenty-eight percent of students with a credit card roll over debt each month.   University administrators state that they lose more students to credit card debt, than to academic failure.   Graduating students have an average of $20,402 in combined education loan and credit card balances.         Persons entering college are offered an average of 8 credit cards the first week of school. 55% of college students acquire their first credit card during their first year of college, and 83% of college students have at least one credit card. 45% of college students are in credit card debt, the average credit card debt being $3,066. Undergraduate students carry an average of three credit cards. Graduating students have an average of $20,402 in combined education loan and credit card balances. 20% of graduating college students have $10,000 or more in non-school related credit card debt.  An increased number of college student borrowers feel more burdened by their education debt, with about 25% of the borrowers perceiving themselves as having significant problems. Students who came from low-income families report feeling more burdened by their debt than other higher-income students, when controlling for all other factors.  28% of students with a credit card roll over debt each month. University administrators state that they lose more students to credit card debt than to academic failure.  In 2001, the credit industry issued more than 5 billion solicitations to consumers, including college students.  Only 59% of college graduates agree that the benefits of incurring student loans are worth it overall. Students double their average credit card debt-and triple the number of credit cards in their wallets-from the time they arrive on campus until graduation. College students borrowed in the 90s what they borrowed in the 60s, 70s and 80s combined. Credit card companies usually offer credit limits to college students between $500 and $3000, with higher interest rates than nonstudents, between 18% and 20%. (statistical resources available upon request)

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