Encouraging Good Behavior: Lowering Defaults Through Early Consumer Info

A new, legislatively mandated pilot program in Texas will promote student awareness “with regard to all aspects of student financial aid” and the “financial consequences of… academic and career choices.” The pilot’s design offers several intervention concepts that could be replicated individually or in concert, including the creation of a cross-departmental default prevention task force, financial literacy training, expanded loan counseling, integrated advising, and mass dissemination of timely advice for college success. Come learn more about these programs, offer your feedback, and join a lively discussion on promoting short and long-term student financial awareness and success.