Financial Education Gap Analysis

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Those pursuing higher education within the United States are facing financial obstacles and unfair opportunity, directly in relation to those living within poverty. Whether or not our upcoming generations will be given the same, if not a greater opportunity towards higher education, is dependent on the decision pertaining towards educational reform. An individuals pursuit towards higher education needs to be addressed when the affordability spectrum dilutes the fairness of equal opportunity: all individuals are entitled towards becoming educated regardless of their families financial status. The generating concern from both the public as well as the government is a reflection of the severity pertaining to this issue; which ensures that educational …show more content…
Perhaps the education behind financial decisions could reflect positive investment choices, but may do an eminently little alleviation to the inevitability of student debt. Based on the idea that individuals living in the United States cannot afford $20,000 a year, but still accept the payment through risk, supports that claim that people are willing to take risky financial decisions so they may end up with a potential positive outcome; an idea that the investment will provide a greater return. Unfortunately, this leaves those in the middle class to forge a choice, but neglects those in poverty by enabling them the same freedoms due to their weak financial background. According to the article “Building the Case for Financial Education” individuals should find ways of saving and investing their money in a way that positively coincides with our current day. The education behind financial choices may constitute for a better future as a consumer and give you the knowledge to become a reputable member of society. Unfortunately, individuals do not wish to invest towards financial education due to the failure of direct evidence of its return value; that “Without reliable, valid, and relevant information collected from well-designed program evaluations, financial educators jeopardize their ability to provide effective recommendations for the direction of education policy.” (Fox, 208) Without the education pertaining to financial risk, individuals place themselves in front of a potential problem of long-term debt, especially with student loans. But what are students supposed to do?— should we enforce students to learn about financing before they invest towards an education; that’s educating yourself so you can then become educated. The American people would not be compelled to acquiring an education when so many obstacles become present;

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