How can we help students and families, be more confident and better prepared financially for college?
College can be expensive, and figuring out how to pay for it can be a daunting process. That’s one reason that fewer college ready students from low to moderate income households go to 4-year colleges, as compared to students from higher income families.
From the Commonwealth website: "Ramp It Up is a mobile game that engages students through a process of building financial muscles related to debt decisions, securing financial aid, and analyzing the best college return on investment.
This approach aligns with existing habits of high school students across race and gender lines, and holds tremendous potential to scale quickly and cost effectively and reach young people where other types of interventions do not.
Commonwealth tested Ramp It Up in a pre-pilot study with 50 students and found significant and promising changes in financial capability and self-reported projected behavior, specifically in regards to seeking college financing. Ramp It Up will be piloted with many more students in multiple states in the coming year. Ramp It Up has been recognized as a promising and pioneering innovation by the U.S. Treasury Department's Financial Empowerment Innovation Fund.”