Nearly 50 percent of high school seniors say they wish they learned personal finance in school. (Discovery Education, 2018)
A recent study finds that differences in financial knowledge account for 30-40 percent of retirement wealth inequality. (Lusardi, Michaud, & Mitchell, 2017)
A 2016 survey indicated that 31 percent of young Americans agreed that their high school education did a good job of teaching them healthy financial habits. (Bank of America, 2016)
Students exposed to rigorous financial education in high school saw their credit scores increase by an average of 20 points and their probability of delinquency reduced. (FINRA, 2015)
Less than 20 percent of teachers report feeling “very competent” to teach personal finance topics. (UW-Madison, 2010)
State-mandated financial education graduation requirements decrease the likelihood of carrying a credit card balance. (NEFE, 2018)
Only 17 states mandate that high school students complete a course in personal finance. (2018 Survey of the States, CEE)
Only 1/3 of states require their students to take a personal finance class in order to graduate. (2018 Survey of the States, CEE)
