University of Kentucky's plan to help students with financial literacy: Hands on investing

• With concerns about college costs and the growing burden of student debt, one state university has a plan to change how its students manage their finances.
• In addition to spending millions on financial aid, the University of Kentucky will offer investment accounts to all of its students by 2023.
• The university’s plan comes at a time when public discourse on college costs and student finances is louder than ever thanks to President Joe Biden' canceling billions in student loan debt.
• Some question if investment accounts are really what struggling students need to complete their education.

With concerns about college costs and the growing burden of student debt, one state university has a plan to change how its students manage their finances. 

In addition to spending millions on financial aid, the University of Kentucky will offer investment accounts to all of its students by 2023.

University president Eli Capilouto said he believes the accounts will help students learn financial literacy, even if it doesn’t make them rich.