2 minute read
Session 3: Understanding Credit
Credit Score
Explain and review the ranges and components of a credit score using the infographics in the Student Workbook. (5-7 minutes)
Janella’s Cost of College Worksheet
Have the students revisit Janella’s Cost of College Worksheet from Session 2. Get a quick pulse on how much student loan debt Janella would take on in order to attend the college each group identified. (7 10 minutes)
Next Session
Let students know that in the next session, groups will review Janella’s college options and revisit the importance of a post-secondary education as an investment.
AFTER SESSION 3: Important Activities Before Session 4
Before dismissing the class, make sure to ask them to spend time on the following activities over the coming week, before they return for Session 4. (This list appears in the Student Workbook) 1. If there were any articles or aspects of Session 2 you need to finish please do so before Session 4. 2. Thoroughly review and get to know the key terms. Remember, we want students to remember this for life and they will also be taking a post-assessment in Session 5 to see how much they learned!
3. For more articles related to credit, sview pages at the end of the student workbook.
4. Now that you’re connected with us on social media, check out our recent posts this week!
SESSION 4: Post-College Financial Planning for Janella
OBJECTIVE
Students will be able to evaluate the cost of college and return on • Return on Investment
investment for earning a degree, while also navigating through the challenges women often face in paying down student loan debt.
SESSION PLAN
Take weekly attendance
Take weekly attendance via Survey Monkey as students enter the classroom. Welcome the students and make sure any new volunteers introduce themselves. (2 minutes)
Review learning objectives and key terms
Briefly go over the learning objectives and key terms in
the student workbook. Have the students read these out loud. For the key terms that are difficult to understand, explain these in more detail to students and provide on the board before class
examples if possible. (5 minutes)
Pull up Yahoo! Finance
If accessible, use classroom technology to pull up Yahoo! Finance and display on a screen. If not, print this out ahead of time showing AMZN, NFLX, CLX, and IBB or have students pull up their Yahoo! Finance portfolios on their phones. Review the portfolio performance (AMZN, CLX,
KEY TERMS FOR SESSION 4
• Subsidized Loan • Unsubsidized Loan • Stock Market Volatility
Before you begin, please be sure you have the following:
Have the classroom’s wifi
network name and password
NFLX, and IBB) over the past week. (5 minutes) begins
Survey Monkey attendance link can be found at: surveymonkey.com/
4.
As a large group, read and discuss the Forbes’ article “How To Calculate Your College Education Return On Investment”
Ask the large group to indicate which of their colleges appeared to require student loans in order for Janella to afford to attend. Direct the students to the charts from the AAUW “Deeper in Debt: Women & Student Loans” study. Have them review these with their small groups, and then discuss as a large group. What takeaways do they have? (5-7 minutes)
