The NFEC Launches Student Loan Debt and Financial Literacy Survey

The National Financial Educators Council has launched a national financial literacy survey to better understand the relationship between student loan debt and financial capabilities.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend

New York, NY (PRWEB) January 09, 2013

The National Financial Educators Council (NFEC) has launched a national survey to better understand the relationship between student loan debt and financial capabilities. The demand and supply side survey will measure a perceived connection between student loan debt and one’s personal finance knowledge level.

This survey solicits responses from financial professional, students, educators, college planners and those involved in the personal finance or student loan industry. The NFEC seeks these professionals to take part in the financial education survey.

The NFEC worked with Edward Halteman founder of Survey Design & Analysis to create the surveys and analyze the final results. On the supply side, the NFEC and Survey Design & Analysis are soliciting financial professionals, educators and personal finance experts to provide best practices input. On the demand side, a survey is being conducted to better understand the degree of financial awareness in the target population. The results will be used to design college money management courses and provide information for media outreach campaigns.

“Ed Halteman and the Survey Design & Analysis team are experts in the field. We want to better understand the relationship between a financial education and student loan debt through an online survey. We choose to work with Ed because was a founding father of the use of online surveys and his many years of experience will support our efforts in the financial literacy space,” states Cecile Abad of the NFEC.

The NFEC had previously worked with Survey Design & Analysis on an international project where over 1000 face-to-face interviews were conducted. A detailed assessment report was produced and the resulting program that was based off the report is planned to reach over 500,000 people living in rural poor areas.

Edward Halteman founder of Survey Design & Analysis states, ”I’ve enjoyed working with NFEC. They understand the importance of databased decision making. They also understand that obtaining useful information from a survey for making decisions requires experience and planning so that the right questions are asked of the right people in the right way.”

Edward Halteman is an expert in survey design and statistical analysis. Ed has a PhD in statistics yet has a down-to-earth approach that is both practical and easy to understand. Ed's expertise extends from survey design and analysis to complex statistical analysis. Ed pioneered the use of online surveys in industry almost 15 years ago and writes for a blog on survey best practices. Through research in graduate school and 20 years in industry, Ed has designed and analyzed surveys across a wide variety of disciplines including retail, manufacturing, quality, sales and marketing, opinion research, sociology, customer satisfaction, employee satisfaction and more.

The National Financial Educators Council addresses the growing need for college money management programs. Partnership with organizations across the United States is helping the NFEC to improve the financial capability of our nation’s youth. The resources are made available according to the NFEC’s Financial EduNation Campaign, which provides comprehensive and turnkey solutions for those seeking to promote financial literacy. From mobile personal finance applications to comprehensive campaigns, the NFEC is a resource provider of financial literacy services.