Abstract
Numerous websites and applications are available to help college students select a major and future career. Some of these tools ask students about their interests and then make recommendations about occupations that might be aligned with their aptitudes and interests. However, most tools do not inform students about the amount of money they will need to borrow to obtain their college degree, nor do they help students understand the impact that student loan debt will have on their future budgets. This paper discusses another unique financial literacy tool called Money Path, which allows students to develop a personal budget that factors in postsecondary education costs, student loans, and starting salaries in selected occupations.
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Recommended Citation
Gahala, Carl
(2024)
"Money Path: A Tool for College, Financial, and Career Planning,"
Journal of the North American Management Society: Vol. 13:
No.
1, Article 6.
Available at:
https://thekeep.eiu.edu/jnams/vol13/iss1/6