Why did Rowdy Cents come "alive"?
Here are just a few reasons why:
$19,237 in student loan debt was the average amount incurred by graduating UTSA students of 2007. This was a 14% increase over the average in 2006. (Project on Student Debt)
Two-thirds of all financial aid awarded in the 07-08 academic year to UTSA students was in loans. (As reported by the Office of Financial Aid and Enrollment Services)
Fifth-year seniors graduating from UTSA in 2009 reported delaying their graduation due to working too many hours. (As reported by the Graduation Initiative Office)
$4000, a 44% increase since 2004, is the average amount of credit card debt that college seniors have upon graduation. A recent poll of college students reveals that the average undergraduate has just over $3000 in credit debt and the debt increases with years in college.
Young adults 18-25 is the fastest growing group filing bankruptcies.
Rowdy Cents' focus is on increasing our students’ personal finance literacy awareness so they will be better money and time managers. The site offers relevant information about personal finance basics, time management strategies, and the concept that "time is money" when considering the length of time to earn a degree. We welcome student, faculty, and staff input to the site. Please use Rowdy Cents' email envelope to send suggestions.
This site is a project of the UTSA Graduation Initiative. The site was designed by a talented UTSA student. It was developed and is maintained by a Graduation Initiative Senior Retention & Graduation Analyst, who is a Certified Personal Finance Counselor through a division of The Institute for Financial Literacy. Along with her career in higher education, the analyst has nine years in a banking career. She can be reached through the UTSA email moneymatters@utsa.edu or through the Graduation Initiative office at 210-458-4687.
Neither the site nor its representatives offer investment and insurance advice. Additionally, the web links referenced throughout the site are for student/user convenience and neither constitute an approval of nor an endorsement by UTSA and its representatives.
