Hello All,
I was wondering if anyone had any suggestions about providing financial advisory services to the community as a social initiative. We are bringing our Social Entrepreneurship concentration on-line in August, and as part of our outreach efforts, some of my colleagues and I have discussed the possibility of further developing our financial advisory initiatives.
We currently employ our Students in Free Enterprise chapter as an outreach vehicle to teach high school students about financial literacy. However, given the tremendous increase in U.S. mortgage defaults (some estimates put the figure at 1,000,000 this year) based heavily on the sub-prime market (Freddie Mac estimates 60% of defaults to be sub-prime mortgages), we were wondering if anyone in the academic community is providing advice to help people keep their homes. Specifically, I was wondering if anyone is aware of any programs developed at universities or pre-packaged by organizations that undergraduate business students could employ to advise people about these issues? If not, is this too big an issue, either in terms of scope or potential legal exposure, for undergraduates (and their professors) to become involved in?
Any thoughts?
Thanks so much.
Franz Lohrke
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Franz T. Lohrke
Chair, Department of Management & Marketing
and Entrepreneurship Program Coordinator
<st1:place w:st="on"><st1:placetype w:st="on">School</st1:placetype> of <st1:placename w:st="on">Business</st1:placename></st1:place>, 301 DBH
<st1:place w:st="on"><st1:placename w:st="on">Samford</st1:placename> <st1:placetype w:st="on">University</st1:placetype></st1:place>
<st1:street w:st="on"><st1:address w:st="on">800 Lakeshore Drive</st1:address></st1:street>
<st1:place w:st="on"><st1:city w:st="on">Birmingham</st1:city>, <st1:state w:st="on">AL</st1:state> <st1:postalcode w:st="on">35229</st1:postalcode></st1:place>
Office: (205) 726-2373
Fax: (205) 726-2464
http://faculty.samford.edu/~ftlohrke
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