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Financial Education

Thousands of Ventura County residents who want to enroll in community colleges are failing to do so, unaware that financial aid is available or because they cannot get school loans processed in time, a new study has found.
May 29, 1986
Reeta Dee Hunt has been appointed Program Coordinator by the National Center for Financial Education.
February 11, 2004 | E. Scott Reckard
Federal bank regulators planned to roll out a Vietnamese-language version of their Money Smart financial-education program today in partnership with community leaders in Orange County's Little Saigon. The 10-session Federal Deposit Insurance Corp. program includes tips on using credit, the importance of savings and checking accounts and home ownership. It also examines how to avoid abusive and deceptive lenders as well as the high cost of payday loans and check-cashing operations.
August 31, 2008
The Sunday Business section gave a prime example of why the California budget is such a mess. In the story "Teacher needs financial education" (Money Makeover, Aug. 24) was a line about the person being advised that as a state employee, she would get a pension of $6,880 a month at the age of 55. Yikes! We taxpayers are on the hook for over $80,000 a year for someone who can retire at age 55. Let's hope they don't vote to increase the pensions or we'll really be in trouble.
August 26, 1992 | DENISE GELLENE
Bad credit cannot be repaired, but credit can be rebuilt over time. The National Center for Financial Education, a nonprofit organization in San Diego, recommends that people trying to improve their credit take the following steps: * Open a savings account and make steady deposits. Lenders look for people who have enough discipline to save. * Open a checking account, but never overdraw it. Checks returned for insufficient funds can show up on credit reports.
December 30, 2009 | By Dana Parsons
Kelsey Steinke thought of herself as a fairly bright college student -- except when it came to managing personal finances. "I knew very little," she said. "Not much at all." Compared to some of her peers, however, she was a downright prodigy. "I mean, there are some girls who don't know how to do laundry," she said. "If they can't do their laundry, how can they handle their finances?" That less-than-kind reality, coupled with a troubled economy that has frightened both novices and experts, has spurred renewed interest in teaching financial literacy to high school and college-age and younger students.
September 16, 2008 | David Colker, Times Staff Writer
See Sally. See Sally run from the bank. Run Sally run. In the midst of one of the worst banking crises in decades, the U.S. Treasury Department today will launch a long-planned program to teach young Americans about credit and other financial matters. The theme of the campaign: "Don't let your credit put you in a bad place." Like in bankruptcy court? Don Iannicola, the department's deputy assistant secretary for financial education, tried to put the best face on the timing of the announcement.
July 30, 2011 | Sandy Banks
When the NAACP was founded in 1909, the injustice it aimed to battle was clear: Black Americans were being lynched, denied the right to vote, restricted to ghettos, banned from schools and barred by legal segregation from public places — restaurants, theaters, swimming pools. Today, with a black man in the White House, you could argue, and some people have, that the NAACP has become a relic of a less enlightened past; an anachronism in the era of Oprah, Barack Obama and a thriving black middle class.
June 9, 1998 | PATRICE APODACA
With personal bankruptcies and consumer debt levels still running near all-time highs, the Consumer Credit Counseling Service, a nonprofit organization based in Santa Ana, is trying to get the message out that it's never too early to start learning the basics of economics and personal finance.
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