Richard and Mica Hadar Foundation Introduces Debt and Personal Finances Seminar

NEW YORK, Aug. 8, 2012 /PRNewswire-USNewswire/ -- To address rising tuition costs, which cause college students to take on suffocating levels of student loans, The Richard and Mica Hadar Foundation is offering a new financial seminar to Hadar scholars. The seminar will help college students to better understand the fundamentals of fiscal responsibility, such as loan payments, credit scores and personal budgeting. It is designed to address the difficult financial climate, in which students face both high debt and a high level of unemployment.

To run the seminar, the foundation has enlisted the help of Josef Najar. Mr. Najar is Director at Credit Suisse in the Americas and has previously worked at Barclays Wealth, Lehman Brothers and Goldman Sachs. He studied foreign markets at the London School of Economics and earned an MBA in finance from NYU Stern. Mr. Najar volunteers for various non-profit organizations, and is a Hadar Foundation mentor.

Richard Hadar, the foundation founder and a successful real estate investor, stressed the importance of this kind of private initiative, by saying, "Young students all aspire to being able to launch successful careers, but many are unaware of the many financial pitfalls that may impede them in achieving that goal, with student debt being one of the major issues. This seminar is designed to better prepare them to meet and understand these financial challenges."

Founded in 1993, The Richard and Mica Hadar Foundation has awarded over 250 scholarships, making the dream of higher education possible for those talented young students who demonstrate financial need and are unable to attend college with government aid alone. The scholarships are combined with a mentoring program that includes career workshops and seminars.

CONTACT:  Ela Bittencourt, +1-917-859-4675

SOURCE Richard and Mica Hadar Foundation