Costs of education is top of credit union conference agenda in Galway

Some 200 credit union representatives will meet in Galway this weekend for their annual youth conference.

The Irish League of Credit Unions’ two-day event, which will be held in the Galway Bay Hotel, is regarded as one of the most important in its calendar.

One of the key issues to be discussed this year is be the increasing costs of third level education in Ireland and how many families, already struggling with the wider impact of austerity and the economic downturn, are finding it increasingly difficult to meet these costs.

The conference will also look at the role of the credit union in assisting families and students to meet this, and a wider range of third level education costs.

Other topics such as engaging, empowering and supporting young people and the role of the credit union in providing broad financial education to secondary and third level students in Ireland will be discussed and debated at the event. The conference participants will hear presentations from the National Youth Council of Ireland, the ILCU Youth Committee and social media experts.

President of the Irish League of Credit Unions, Martin Sisk, said: "We are delighted to be back in Galway for our annual youth conference. Credit unions are prevalent in nearly every community in Ireland and therefore we have a very important role to play in helping families provide children and young adults with a financial education. Certainly developing a good savings habit at an early age is of particular importance. As always we look forward to interesting presentations and lively debate throughout the weekend."

 

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