Personal finance tips for graduatesThis graduation season, I have two nieces finishing master's degree programs and a nephew about to head off to college.
Those of us who have long since hung our diplomas on the wall know that for those leaving college or high school, graduation is just the beginning. There's still so much to learn.
We have a great higher education system in this country, but where it fails miserably is educating young adults about personal finance. That job first belongs to the people raising the graduates.
However, higher education institutions, which have no problem encouraging students to take out loans to attend their fine schools, also have a responsibility to teach them how to manage their money so they can pay back those loans.