TV shoot: US college students acing their courses but flunking finance

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TV shoot: US college students acing their courses but flunking finance

 

We were on location in Boston today, visiting with Paul Combe, the President and CEO of American Student Assistance (ASA).

American Student Assistance is a private nonprofit dedicated to opening the gateway to opportunity by revolutionizing the way students approach, finance, and repay their higher education.  They provide student loan education, and enabling the development of financial competencies through the use of innovative web-based tools and trusted, neutral advice—all free of charge to students and alumni.

College students figure they have it made. They’re acing their courses but flunking finance. Find out why on the next edition of the Language of Business. Our final guest in the shooting of this episode will be Mickey Cockrell next week, who will be discussing Catie’s Closet.

Paul Combe is the President and CEO of American Student Assistance, a nonprofit organization aimed at empowering students before, during and after college to make better decisions around the planning and financing of higher education, and the repayment of student loans.  Since joining ASA in 1996, Mr. Combe has led the organization through a process of strategic change and renewal that repurposed its focus from the traditional guarantor role to student loan “wellness” — proactively engaging student loan borrowers to prevent repayment problems before they begin, thereby inspiring their long-term financial success and good credit standing. Under Mr. Combe’s leadership, ASA has steadily increased the number of borrowers in good standing; consistently achieved delinquency and default rates half the national average. Here is his LinkedIn page.

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About Author

Greg Stoller is actively involved in building entrepreneurship and international business programs at Boston University's Questrom School of Business. He teaches courses in entrepreneurship, global strategy and management and runs the Asian International Management Experience Program, and the Asian International Consulting Project.

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