College students getting a lesson on money management - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

College students getting a lesson on money management

Posted:
Robert Austin, the Vice President of Student Affairs at Amarillo College, says although financial management is not a traditional lesson in college, it is helpful. Robert Austin, the Vice President of Student Affairs at Amarillo College, says although financial management is not a traditional lesson in college, it is helpful.

Angelina Perez
NewsChannel 10

Amarillo, TX - Students at Texas colleges and universities will soon be expanding their knowledge of money management.

The Texas state Attorney General is launching an initiative to educate college students on personal money management.

Amarillo College is already planning financial literacy classes for their students, and now they are hoping a federal grant would help them pay to start a money management center.

Robert Austin, the Vice President of Student Affairs at Amarillo College, says although financial management is not a traditional lesson in college, it is helpful.

"It's part of their education, so its as important as anything else that we do, in fact, you know its not something that traditionally colleges and universities did, focused on financial literacy, but what we are finding is that in order for students to be successful, they have to be able to manage their money," said Austin.

Austin says adding the lessons of financial literacy to a student's curriculum when they are starting college, will help them graduate, because they will have the skills to manage their money.