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Legislators hear calls for postsecondary financial literacy and a state borrower advocate as student debt burdens rise
Summary
Presenters urged expanding financial literacy beyond high school, linking timely instruction to career decisions, and creating a state-level borrower advocate; testimony cited Mississippi's high student-debt burden and delinquency rates.
Jean Massey and Courtney Taylor urged the committee to expand postsecondary financial literacy and align it with the state's attainment and workforce goals, while April Washington (state financial aid office) described the scale of Mississippi's student debt problem and suggested a state-level borrower advocate.
Jean Massey framed the issue within the "Ascent to 55" attainment initiative and flagged that Mississippi's attainment rate is around 48.7% compared with a national average near 54.9%. She said postsecondary…
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