Financial Literacy

Office of the Registrar plans to teach how limiting the carry forward balance of students to prevent poor people from registering is good for them actually, they just aren't financially literate enough to understand 

OSU plans to decrease the “carry forward” balance (Amount students can owe to the university and still register for classes) fourfold, from $2,200 to $500. When asked if student feedback was sought on this issue Office of the Registrar employee Pierce Stephenson clarified that students don’t know what's good for themselves and don’t understand how money works: “Yes, this means decreasing the carry forward balance from approximately the cost of 4-6 credits of tuition to the cost of approximately 1 credit of tuition, but this is good actually. Students don’t know how to manage their money, if we give them more classes and lectures the issue will resolve itself, as we have confidently determined there are no external factors, such as low pay, high rent, and high campus food prices which can negatively affect students ability to afford tuition at Oregon State University.”

Stephenson also commented on the many other benefits associated with the Financial Success and Readiness initiative; “We will be informing students about tuition due a few days earlier, which we anticipate will make a drastic difference in saving students thousands of dollars. We will also begin lecturing students on how they can most effectively pay us as early as START orientation every year”.

There will be live sessions, with Q&A, hosted on July 13 and August 14th. This is a real thing that is happening. More info: https://beav.es/TpQ