Faculty Share Their Money Advice for College Freshmen

Academics and financial advisers explain the do’s and don’ts of college spending.

Academics and financial advisers explain the do’s and don’ts of college spending.
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John Rooney, an emeritus professor of psychology at La Salle University in Philadelphia and co-author of the book, "Preparing for College: Practical Advice for Students and their Families." Rooney graduated from La Salle College with a bachelor's degree in 1946 and earned his Ph.D. from Temple University in 1956. He remembers money being tight in college. "If I had to do it over, I think I would have waited to get married until I completed my graduate study," Rooney says. "There was considerable time pressure and financial pressure on both of us during those early years. Then again, we were young and in love."