Tracy Davidson

“So what are your post graduation plans?”

…It’s a dreaded question that many recent grads are facing in this uncertain job market. You’ve worked hard and graduated with valuable skills, a strong resume, and wonderful memories …but little knowledge of how to manage your finances.

This year’s grads certainly aren’t the first to cross the stage with debt, and won’t be the last. Chances are, you haven’t landed that ideal full-time job with benefits and matching 401(k) contributions, but be flexible and keep your head up. On a high note, economists are saying that 2010 grads are meeting a slightly more welcoming job market than their fellow 2009 counterparts. So smile, better times are a-coming.

Sweeping legislative reforms that were passed over this past year should ease the pain as new grads try to establish themselves financially. New credit and banking regulations, health care reform, and new student loan repayment options are making life a little easier. In the flurry of college papers, presentations, and exams you may have missed the details. So, for the next week, I’ll break down four big legislative changes and what recent grads (and their parents) need to know. I’ll also give you some especially helpful resources and tools to start your post-grad life on the right foot. Here’s the line up:

• Repaying Student Loans- “In Debt to Your Degree: Where to Find Help”
• Health Care Reform- “What does that 2,000+ Page Health Care Bill Mean for YOU?”
• Credit Card Regulations- “ How Will the New Regulations Affect YOU?”

By: Erinn Carey

Tags: college, debt, loans