Illinois College of Optometry Financial Aid Team Recognized
Congratulations to ICO's Bryant Anderson and Milissa Bartold on their recognition in a recent white paper, "Does Financial Literacy Make a Difference? Yes, Says One Researcher." The paper praises the financial literacy of ICO students, making special mention of the very popular elective taught by Zeki Nur. An excerpt of the research by Kimberly Brown, director of finance at Midwestern University, appears below; read the whole article here.
"Data from the study also reiterated the potential benefits to students of incorporating financial literacy training into a university's curriculum. As an example, Brown cites the Illinois College of Optometry, where in addition to financial aid professionals who provide financial literacy training to students, an elective course also is offered.
"Of all the students in the focus groups, these students [at ICO] seemed to be the most savvy when it came to FICO scores, starting a professional practice or having knowledge about the impact of student loan debt," Brown explains. "To me, this showed that the more training students receive, along with the repetition of the message, the more conscientious they become in terms of financial literacy."