Empowering Young Adults to Control Their Financial Future

Tomorrow's financial decision-makers need information and opportunities to build their personal financial management skills. Equipping individuals with the knowledge and skills necessary to make rational financial decisions creates the opportunity to shape a more informed, confident citizenry. The Commonwealth Credit Project (CCP) was designed to educate freshmen and sophomores on credit card issues and to assess their knowledge, attitudes, and behaviors related to credit cards and other money matters. Evaluation results indicate that a narrowly defined financial education program can be a positive step toward increasing students' knowledge, developing skills, and influencing attitudes that empower them to take control of their financial lives.