imagine-america.org
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How much less?
Teach Students
FINANCIAL PLANNING MADE SIMPLE
WITH
shows promise is the short online resource developed and
provided by the Imagine America Foundation called Financial
Planning Made Simple (FPMS). After watching an 18-minute
video on the basics of budgeting, borrowing and the
repayment process, 51 percent of respondents said they
decided to borrow less money for school.
31% borrowed $2,500 or less
16 % borrowed more than $10,000 less
23% borrowed $2,501 to $5,000 less
17% borrowed $5,001 to $7,500 less
11% borrowed $7,501 to $10,000 less
to Borrow Less
According to JBL Associates, the Imagine America Foundation's
Financial Planning Made Simple tool has encouraged students
to borrow close to $200 million dollars less since 2012.
