University of ArizonaNorton School of Family and Consumer Sciences

Ask The Experts: Financial Management Tips for 2013 Graduates

These are strange financial times that we’re living in these days.  And while that’s true no matter what stage of life you’re in, the economic and workforce dynamics are especially unique and bewildering for young people.  So, with graduation season now upon us, it’s fair to wonder how they should approach money management once the caps hit the ground and the diplomas are framed.

The two overarching factors that most influence these decisions are the value of higher education and the availability of jobs.  A college degree, in general, is undoubtedly worthwhile, but with student loan debt in this country recently surpassing the $1 trillion mark, students need to carefully weigh the costs and benefits of each school and area of study they’re considering through the prism of the job prospects offered by each.

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