Financial Literacy Efforts at Kentucky's Public Colleges and UniversitiesThe Council on Postsecondary Education is pleased to announce the release of a new report, "Financial Literacy Efforts at Kentucky's Public Colleges and Universities." This report, written in collaboration with Kentucky's public colleges and universities, highlights strategies taking place to educate students about college cost, student aid, responsible borrowing and overall financial wellness.

Paying for college and growing levels of student debt continue to be a top concern of policymakers and the public. CPE and other state leaders are intensifying the efforts to improve financial literacy among students/families and increase transparency around college costs. In Kentucky, over 60% of public university graduates leave with student loan debt, and average loan amounts are over $29,500, up from just over $22,000 in 2010-11. Consequently, the Council on Postsecondary Education passed a resolution urging campus leaders to implement a financial literacy program that provides students with a concise snapshot of their projected cumulative debt, potential total payout and potential monthly payments.

The report and resolution are part of the Council's larger effort to expand financial access to postsecondary education as part of its strategic agenda for postsecondary and adult education, Stronger by Degrees.

To read the report, visit https://v3.boardbook.org/Public/PublicItemDownload.aspx?ik=41908191.

Whether it’s highlighting the diversity initiatives of our campuses, or reporting on transformative performance funding, there has been plenty of progress and developments to share in 2017. We went in search of readers’ top five picks and are happy to report the results below.

Congrats to KCTCS for its accomplishment, which was our number one posting! Drumroll, please . . . .

5. Performance funding model focuses colleges and universities on achieving state goals

4. Kentucky high school students make big gains in dual credit

3. Reecie Stagnolia speaks at Congressional briefing

2. Campus diversity efforts focus on high-impact practices for greater student success

1. College completion rates at KCTCS exceed the national average

For more stories from 2017, visit the story archive - and don't forget to engage with us on social media, where you can learn the latest about Kentucky higher education news (Twitter, Facebook).