UConn Today – A reduction in IRS employees has a direct impact on taxpayer filings and may result in billions in lost revenue, according to research compiled by two UConn accounting professors and a UConn Ph.D. recipient.
Vishal Baloria
Class Aims to Make Financial Literacy Accessible to Everyone
UConn Today – When it comes to financial literacy, many Americans struggle with basic concepts – and the lack of knowledge is particularly acute among young adults.
Vishal Baloria is an associate professor of accounting in the UConn School of Business. He teaches “Business 2235: Personal Financial Literacy,” a “life-ready” course he designed in 2023 to ease students’ stress around managing money, with the objective of having a positive effect on how students make future financial decisions. This three-credit class satisfies the university’s Common Curriculum and is open to any undergraduate student.
Ask the Experts – Credit Card Rewards
Wallethub –
Q: Why do you think 21% of people say that inflation makes them less interested in earning credit card rewards?
A: High inflation likely results in people avoiding spending (and thinking about spending). Thus, credit card rewards are likely less attractive during inflationary times.
Q: What advice would you give to consumers who are considering applying for a new credit card solely for the sign-up bonus?
A: Do not be myopic. Businesses that offer credit cards are rational, meaning they anticipate making money off the average consumer.
Nine ‘Enthusiastic, Well Qualified’ Faculty Join School for Fall 2022
The School of Business is welcoming nine new faculty members this semester, continuing a trend of successful recruiting. Many of the new hires already have strong research accomplishments and awards for teaching excellence.Continue Reading