7 Money Terms College Students Should Know

Financial Savvy Helps in the ‘Real World’

With stories of rising tuition rates, cuts in student loans and questions about whether higher education is a good investment or not, those entering college this year have a lot of worries on their plate. “College is where students start to feel financially responsible,” said Farnoosh Torabi, a personal finance expert at Credit.com. ”Whether they like it or not, they step into a new world of dollars and cents. It can be very overwhelming.” To help soften the landing into this new financial world, MainStreet rounded up some of the financial jargon that can help you lessen your financial concerns, for college and the future. Photo Credit: alancleaver_2000