Written by,jacob enayon s. The governments should try and support the educational sector financially.at Enayon Jacob, You are right,we just have to God to help us solve economic problem which results to financial problem, its only God that can help us…..by Ajibogun Mayowa Sarah, You are right,we just have to pray to God to help us solve economic problem which results to financial problem, its only God that can help us…..by Ajibogun Mayowa Sarah, Students are really facing a lot through financial problems.may God deliver us nice article by ibrahim zainab abiola, The most challenging part of education is the financial aspect. Naturally, stress varies across different demographics such as year in school, school type and major, but a recurring theme of financial stress is an ongoing issue. What is the contributions of government to help this problems. In fact, by not providing this information for your child at a tender age, you may end up making them not excel financially in future. There are many compelling reasons why it should adopt this. Financial Literacy for High School Students EVERFI’s High School Financial Wellness Suite offers educators the platform to create a comprehensive, customized learning experience, deepening student knowledge around a range of personal finance topics. Some students for financial reasons could not pay attention in the class, rather they would be thinking of how to get money to buy their practical materials, handouts e.t.c in most institutions today, we have many ladies going into prostitution for financial purposes, since they do not have other means of getting money. Thanks. Likewise, the guys also engage themselves in cultism or armed robbery. Include personal finance questions on standardized tests. For majority students, it is the first time they have experienced financial independence without parents supervision. It is therefore evident that investing in this form of education has a lot of influence on the quality of your child’s life in future. Providing financial literacy for students is a critical piece in the overall education puzzle that can have lasting benefits. By not applying for financial aid, which comes in the form of … Financial stress can cause physical illness, especially if a person experiences high stress with little emotional support or feels stress for an extended period of time. They do not have the skill to manage their own money. I pray God will help us financially. The Case for High School Financial Literacy Personal finance education in high school provides students with the knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. Change ), You are commenting using your Twitter account. They fail to do the management and flow of their money. Los Angeles said last week that about a third of its high school students were not logging in for classes. Paying for College. Technorati reported last fall that 22 percent of the children in the U.S. live at or below poverty level. This is also a major factor reducing education in this present age.many people are just o’level certificate holders and they can’t even further because of money and the ones who will further would have to do a partime schooling..there should really be a re amendment of the educational policy on fees,so that all can havee the opportunity to be grradutes.AGHEDO PRECIOUS .M. Financial Literacy for High School Students Personal Finance for College Students Using Comic Books To Teach Financial Literacy. FINANCIAL MANAGEMENT ISSUES 2 establish an identity. First of all, poor financial management is the main cause students are facing financial problem. Kazeem Adijat, Yes o,gud talk.Our government its high make tinz change o.enough is enough. ( Log Out /  It is often believed that they can easily gain the information from higher institutions of learning or through experience. Your Debt Consolidation Alternative. In addition, those suffering from financial stress often cannot afford regular medical care or … Femi Omowumi. One issue that is normally glossed over as far as high school education is personal finance for high school students. “Financial stress is, like many others, a significant stressor, not only among students but also working professionals. Excess loan money leads to debt that students must pay back after gradua-tion delaying other financial goals. Bassey Comfort Ben, This is true girl because i can tell you that i am also going through financial problem which is affecting my education seriously but i thank GOD that i am overcoming it.olayiwole tobi, Nice write up,government should please play their own part in supporting the educational sector financially.sunday susana osas, Yes o this is the biggest problem that am facing in school and it has gotten to the extent that my parent do not pick my calls again.awolude oluwatoyin, Yea,that is the major problem we are facing. If you teach your children how to manage their assets, they can then protect themselves from most economic problems in future. Financial literacy education in schools may look like: Provide teachers with support and training to teach the skills needed consequently, teachers are not motivated, and this had lead to teachers absenting themselves in school which directly has  a poor  performance on the students they teach, and gradually, it reduces the quality of teaching. 1.2 PROBLEM STATEMENT Research on financial literacy among university students has encountered a lot of challenges. Doris, at this point in time, already knew one thing for sure: this group of students was inexperienced in personal finance. A student loan is pretty much a necessity unless there is a rich aunt or uncle in the picture. such as lack of instructional facilities. Oshuntokun ayoola patrick elijah. That is just the major problem we are facing today. Change ). Yet, sometimes students borrow too much money while in school. Making sure that your child learns about the basics of financial management at an early age ensures that they grow up to be responsible with their money later on. It's not a loan. This situation has i suppose have a negative effect on student’s performance and achievement. The NFEC is a social enterprise organization committed to creating a world where people are informed to make qualified financial decisions that improve their lives, the lives of their loved ones, and the lives of people they impact around the globe. One of the reasons why this is so is that by making children learn these things early, they can practice them more effectively later in life. Not all children have the privilege to go to college and learn more about … Thanks Awolola Oladimeji, Well said, issues of students dropping out of school or not been able to go to school at all due to lack of finance should really be looked into, I believe everyone has right to education cause education Į̸̸§ key. Just a way out of debt. Nmoyem Gift. Especially tertiary institutions. Ajayi Ropo, Although education is free to a substantial level in most countries but the fact remains that poor parents will still not be able to send their children to school because of lack of provision of school materials for their children’s use. Great,this is really what is affecting the educational system in nigeria and our government need to help us out. This has really affected the lives of students. The results indicate that there is an effective financial education among young high school students, which can be noticed in findings such as: some of the young are not obliged to explain to parents where they are spending their financial resources; students have acquired, largely, their financial knowledge with parents and relatives, and in day-to-day practices, but there is little dialog in the family on financial matters. Adeleke Peter, Nice write up.The government should reduce the tuition fees of schools. Students all over the world face a number of problems which dishearten them. Not Taking Advantage of Financial Aid. Many students assume that the only way to pay for college is by using student … Education is now cost that without money one cannot get it. I am also facing the problem too. High school is a critical time for students to develop the personal finance skills they will need to live independently as adults. Harb and El-Shaarawi (2006) found that the most the students who is involved in their own life career also should never miss this capsule of truth. I pray God almighty will provide for our parents and guadians to meet our needs. I Pray God will provide for us. Despite the bad rap that student loans are getting in the wake of a flood of stories about students graduating tens of thousands of dollars in debt, “the evidence is still pretty clear that borrowing is a better strategy than working full-time and going to school full-time,” he said. 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