SLic Helps Students Gain Financial Literacy With Program | News

Students come to Creighton to pursue a wide variety of different disciplines and interests, but this concentration can often leave financial planning skills overlooked or underdeveloped.

The Student Leadership and Involvement Center helps combat this issue with its event, The Finances of Life, designed to help students explore what financial literacy means to them in their respective fields.

“Students are invited to participate in a passport-style program where they can learn about the various financial decisions they will be making,” SLIC said.

Basic financial education is not currently required for undergraduate students at Creighton, but some faculty have been receptive to efforts to change this fact.

“Financial education at Creighton should be compulsory for all students,” said economics and finance professor Kenneth Washer, “Financial literacy can be a huge stressor for young people.”

Students can enroll in basic finance courses such as BUS 303 or FIN 353 to learn more about financial resources and planning to enter the workforce, Dr. Washer said.

The Finances of Life event will feature several different stations, including information on insurance, healthcare plans, and advice on renting or buying.

The fair will be held on Tuesday, March 29 on the spine of the Kiewit Fitness Center.

Some students on campus agreed with Washer’s sentiment and wanted more emphasis on financial education.

There are currently no required financial education courses for students enrolled in Creighton University’s Colleges of Nursing or Arts and Sciences. This leaves financial education as a choice and a discipline for students to pursue from their own ambition.

“I will definitely be there,” said Will Bunz, a senior at the College of Arts and Sciences. “I think personal financial education is something I’m still behind on.”

But others felt that financial literacy should start before college and feel that Creighton is already making these courses widely available with several courses available each semester for interested students to apply on their own.

“I would consider myself financially literate,” said Andrew Rossini, a senior at the College of Arts and Sciences, “and if I didn’t feel that way, I could become financially literate by taking a few electives in business school. ”

Despite these differences, students and faculty agreed that basic financial education is an essential part of undergraduate education, as it is a useful life skill for everyone.