I was recently asked to help create a survey for students at Kansas State University, to determine whether they’d be interested in using a financial planning center. It turns out that they would, with over 75% of the responders reporting that they would be likely to do so. Some of their other answers, however, reinforced my own observations that college graduates, even from financial planning organizations, are woefully ignorant about employee compensation and benefits packages. This hole in their education makes it virtually impossible for them to accurately assess a job offer, causing many young financial planners to turn down jobs that they really should have taken.
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