How do we know this is a major problem for our youth and their parents ?
- A majority of parents with children in high school or college gave schools below-average or failing grades in teaching responsible spending. -2011 American Express survey
- Only 22 states require students to take an economics course as a high school graduation requirement. However, only 16 states require the testing of student knowledge in economics. -2011 Survey of the States, Council on Economic Education
- Only 13 states require students to take a personal finance course (or personal finance included in an economics course) as a high school graduation requirement. -2011 Survey of the States, Council on Economic Education
- Financial literacy of high school students has fallen to its lowest level ever, with a score of just 48.3%. -2008 national survey by the Jump$tart Coalition
- 64% of Americans are worried that they won’t have enough money to pay for retirement and 56% are worried about not being able to maintain their current standard of living. -2008 USA Today/Gallup Poll
- African-American students are only about 80% as financially literate as white students. -2008 Jump$tart Coalition for Personal Financial Literacy Survey
Do your part to help fight financial illiteracy. Let's talk about how we can help!