Life After College Series: Financial Wellness
Posted on February 27, 2013
Nervousness. Fear. Anxiety. All common emotions college students and recent graduates feel in preparation for graduation and/or entering the workforce.
To help allay some of these fears, the NAACP Economic Department & Wells Fargo teamed up to present “Life After College: What’s Next”, a month long webinar series throughout February to educate young adults on making informed financial decisions.
Gigi Dixon, SVP of National Partnerships for Wells Fargo, states, “At Wells Fargo we’re committed to education, financial literacy and economic empowerment, which is why we were so excited to connect these young people with our experts and provide them with training and insight that can help them plan their financial future.”
The web series focused on building credit, paying off student loans and investing after college.
Mjiba Frehiwot, NAACP Director of Economic Education, said, “A lot of our young people are entering their early 20’s with staggering credit card and student loan debt (African Americans average the highest credit card and student loan debt relative to other racial groups). So we definitely want to make sure that they are empowered and have the tools to be on a path to economic security."
Over 50 students participated in the month long series, including students from Lincoln University, Howard University and Hampton University. The web series included presentations from Wells Fargo executives as well as an opportunity for students to ask the experts questions.
All webinar participants were entered into a raffle to win an I-Pad Mini or an NAACPEcon swag bag and the NAACP recently awarded two of its winners - Howard University students, Jade Stewart and Jazmenique Monsiston with their IPad minis.
“This webinar series was great,” states Howard University student, Jade Stewart. “I learned great tips on how to select the best credit card and the right questions to ask around repaying my student loans.”
This webinar series is part of a multi year partnership between NAACP Economic Department and Wells Fargo to bring financial education to communities.