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FLCC helps students manage personal finances

Finger Lakes If you go to FLCC, and youre feeling uncertain about all the money youve borrowed to do so, the college will help you figure it out.
A recent report shows default rates on student loans are higher than graduation rates.

Finger Lakes Community College is trying to help students before they find themselves in unmanageable debtout of a very practical need to balance its own books: FLCC is battling a 20% student loan default rate.

FLCC Financial Director Susan Romany says schools with a 30 percent default rate could lose the ability to offer loans to students

To remedy the situation, FLCC has teamed with American Student Assistance, a company that helps students manage their money. One of the things they do is offer a class that helps students learn how to manage money.

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Washington Times