Innovative New Program Teaches Arithmetic to Fifteenth-Grade Students at UMaine Farmington

girls in classroom

farmingtonFARMINGTON — Audrey Morin, a junior at the University of Maine at Farmington, recently realized she’s already $12,000 in debt. She’s not alone. Student loans are as easy to get as a click on the computer, she said. There’s no training beforehand, and who bothers to read all the fine print? she asks. She borrowed money for college with the expectation that she was preparing for a better career with higher wages. She’s confident that she’ll get a good job after graduation, she said. But she still felt pretty bad when she saw her real financial picture. With some guidance from a peer financial adviser under a new financial outreach literacy program at UMF, Morin now has a better understanding of her financial situation, what’s ahead and how to save money and pay on the loan interest while still in school, she said. (read more at the Lewiston Sun Journal)