{"content":[{"text":"Opportunities to Improve the Financial Capability and Financial Well-being of \n Postsecondary Students","bbox":{"left":0.169444,"top":0.08903,"width":0.660935,"height":0.038435}},{"text":"Postsecondary education is essential to the economic health of our nation and to the economic \n opportunity of many Americans. Despite the importance of attaining postsecondary education, \n the cost of higher education may prevent some students and families from obtaining it— \n especially those from low- and middle-income households.","bbox":{"left":0.117686,"top":0.298465,"width":0.7451930000000001,"height":0.07252200000000003}},{"text":"Students and families make important financial decisions regarding higher education, including:","bbox":{"left":0.117686,"top":0.385624,"width":0.754007,"height":0.020212000000000008}},{"text":" \n  \n  \n ","bbox":{"left":0.151412,"top":0.422406,"width":0.009019,"height":0.074017}},{"text":"whether to go to college; \n where and what types of institutions they should apply to; \n what college to attend; and \n how to pay for their education.","bbox":{"left":0.180817,"top":0.421684,"width":0.45376700000000003,"height":0.07566699999999998}},{"text":"The choices students and their families face are complex, and, for millions of students, financing \n higher education involves taking on debt, especially federal student loans. In addition to making \n choices about college and how to pay for it, young adults make a number of other important \n financial decisions during college, often for the first time, making college an important \n opportunity to address the financial capability of students and their families. Building financial \n capability is an important strategy for promoting not only college access and completion, but \n also lifelong financial health.","bbox":{"left":0.117686,"top":0.511987,"width":0.758746,"height":0.12463200000000008}},{"text":"To address these needs, a report, Opportunities to Improve the Financial Capability and Financial \n Wellbeing of Postsecondary Students, has been prepared by the Financial Literacy and Education \n Commission (FLEC) and describes the state of financial education among postsecondary \n students. The report describes current efforts to enhance financial education in a number of \n institutions with regards to student understanding of financial aid and financial education topics \n at two critical junctures: \n  Choosing Where to Go and How to Finance Postsecondary Education; and \n  Making Sound Financial Decisions When Enrolled and Beyond. \n The body of the report describes issues in these two areas and federal government policies and \n resources to address them. Further, in developing this report, we sought to identify programs \n that promote or enhance financial literacy for students, including those that involve partnerships \n between nonprofit organizations.","bbox":{"left":0.117686,"top":0.651255,"width":0.7527060000000001,"height":0.236912}}],"images_bbox":[{"left":0.379608,"top":0.143182,"width":0.240768,"height":0.139583}],"images_bbox_not_text_overlap":[{"left":0.379608,"top":0.143182,"width":0.240768,"height":0.139583}]}