Students enrolling in Florida colleges have a new tool online to help them make more informed decisions about which school and which field of study to pick. The Smart College Choices Web application is a free tool that reports in-state employment rates and earnings potential for about 300 fields of study offered at Florida schools.
The Florida Department of Education is trying to reduce the number of college students who default on their student loans. So, it’s awarding a grant to 10 community colleges across the state to help educate students how to make the best financial decisions.
Carrie Henderson, with the Division of Florida Colleges, says students in the Fla. college system graduate with nearly $5,000 in debt, on average. She says, the grant should help instructors integrate financial literacy lessons into their existing courses.