University of Michigan-Flint

University of Michigan-Flint News

Financing a College Education in a Challenging Economy

  • November 25th, 2008 By: UM-Flint News

The Skinny

The University of Michigan-Flint is inviting the community to learn more about how to finance a college education during the current economic crisis. A panel discussion on financing college will be presented Tuesday, December 2 in the Ballroom of Northbank Center beginning at 6 p.m.

The University of Michigan-Flint is inviting the community to learn more about how to finance a college education during the current economic crisis. A panel discussion on financing college will be presented Tuesday, December 2 in the Ballroom of Northbank Center beginning at 6 p.m.

Studies show that college educated workers earn more than workers with only a high school degree. According to the Michigan Department of Labor & Economic Growth, “there is a clear upward trend between educational attainment and employment growth. The largest growth is forecasted for occupations requiring a bachelor’s degree. Michigandata suggests that persons with less than a high school diploma, and high school graduates with no college experience, have unemployment rates well above the statewide average. Labor force participants with high school diplomas have an unemployment rate more than two times higher than people with bachelor’s degrees. “

The panel will include a UM-Flint faculty member, a representative from Financial Aid and Certified Public Accountant and Personal Financial Specialist Dave Gibbons from Plante & Moran.

Topics to be covered include; financial planning as it relates to home equity loans for college, tax deductions with interest payments, bonds, 529 all in relation to building up a savings for college or late savings for college, etc.

For more information, contact the Office of Admissions at 810-762-3300

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