CALIFORNIA | LOCAL
April 18, 1994 |
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.
December 27, 2013 |
Guess how many Americans correctly answered this basic financial question: Is the stock of a single company usually safer than a mutual fund? A) 100% B) 80% C) 60% D) None of the above. The right answer is D. Barely 1 in 2 people knew that a single stock is not safer than a mutual fund, which holds many stocks. The question, included in a survey by a pair of college professors, underscores a fundamental problem facing millions of Americans. At a time when the world of personal finance is increasingly complex - and when people are more responsible than ever for their own financial future - Americans' understanding of basic concepts is sorely lacking.
February 11, 2004 |
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.
CALIFORNIA | LOCAL
November 22, 2010 |
Since he entered UCLA in 2006, Carlos Juarez has interrupted his studies at the Westwood campus four times in response to increasing fees. At Cal State Fullerton, the rising cost of her education has caused Michelle Santizo to reduce her status to part time, and the health science major will leave the school next semester to complete her coursework at a less-costly community college. The two students have come of age at a time of unprecedented change at California's public universities, when students and their families are being asked to pay a greater share of education costs because of declining state funding.
August 26, 1992 |
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.
September 16, 2008 |
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.
June 9, 1998 |
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.