Are you the parent of a college-bound student? Do you have children in high school? Do your kids have a job? If you’ve answered yes to (or are the subject of) any of these questions, then your life is currently full of challenges.
In my case, I have answered ‘Yes’ to all the above questions – and, yes, the challenges in life are numerous to say the least. One of the biggest challenges: finances. I’m not necessarily talking about “how to pay for college” – this is a given for any parent or student! I’m talking about the combination of finances and education.
Throughout my career in banking, I’ve seen or taken part in plenty of financial education endeavors – from savings accounts to newsletters and even coloring books for kids. Here at Standard, we’ve also had checking accounts which could be opened by college students. But for as much as we’ve put forth in the past, there’s not really been an offering which combines both financial education for the student with parental participation.