Phil Schuman
Office of Financial Literacy
Expert Bio
Phil Schuman serves as director of financial literacy at Indiana University and as co-chair of the Higher Education Financial Wellness Summit. Schuman helped establish the Office of Financial Literacy, which has contributed to student debt reduction at IU by 17 percent ($112.8 million) since 2012. He created student peer-to-peer financial education, the Money Smarts website, and other tools to help students make informed financial decisions. He also co-founded MoneySmarts U, an interactive financial education platform providing financial education to students across the United States.
Schuman earned a B.A. in psychology from DePauw University and an MBA from Indiana University.
Areas of Expertise
Financial education, financial wellness, financial literacy, budgeting, budget, credit, debt, student debt, financial aid, loan repayment, paying for college, debt repayment, college savings, credit cards, credit scores, financial planning.
Other Information
- News at IU: “Trying to defeat debt? IU director of financial literacy available to help staff, faculty”
- The Wall Street Journal: “Colleges Try to Help Students Manage Their Finances”
- CBS News: “How to graduate college without surprise debt”:
- Fox 59: “President Trump’s budget would end loan forgiveness program for public servants”
- WFYI: “Universities Address Student Debt With Financial Literacy Programs”
- Video: “The Pete the Planner Show: College Financial Literacy”
- Video: “Improving the User Experience in Your Financial Wellness Programming”
