STATS of Greensboro
How many American adults held off seeking medical care in 2018 because of cost
29%
How many times do Financial Literacy classes meet a week?
2x for 1 hour
How many credits are the Financial Literacy Classes Worth?
1 credit
How many adults are stressed about money?
72%
What are some consequences of high interest loans?
Not enough money for living expenses
Not being able to pay it off because of the interest rate.
Will there Financial Literacy classes offered online?
No
What is the unemployment rate in Greensboro?
5%
Name a negative outcome from lack of financial literacy.
Stress
Little to no Financial Resources
Not knowing how to save, budget etc
What are the outcomes and core objectives?
file taxes
create a budget
create savings
choose best loan option
check and improve credit score
What is the medium household income in Greensboro?
$58,312.00
What is the problem about Financial Literacy?
Students are leaving high school with little to no knowledge about Financial Literacy and why it is important.
Many students do not know about taxes, credit cards, how to save and budget money, take out proper loans
How can Financial instability affect health?
Financial instability has been proven to significantly impact the health of people who are struggling financially.
How does Greensboro compare to the national average education level?
11.4% have HS degrees
23.6% have some college
23.6% have bachelors degrees
8.8% have Master degrees
What is our solution to improve financial literacy among college students?
To create seminar classes with various topics.
Give one example of how good credit can affect someone.
Can apply for loans
Can apply for credit cards