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When high school
graduates are not able to handle their personal
finances wisely or function competently as
consumers, society pays a huge toll
Source:
Foundation For Financial Literacy
Research has
shown that as little as 10 hours of personal
financial
education positively affects students spending
and savings habits.
Source: National Endowment for
Financial
Education
More young adults
filed for bankruptcy than graduated from college
in 2001
Source: ABA
Education Foundation
Only 7% of parents
say their child understands financial matters
well
Source: ASEC
(American Savings Education Council)
41% of students
work full time in the summer; 22% work 20-35
hours per week and 18% work 5-20 hours weekly.
Source: Youth
and Money Survey
American teenagers
as a cohort spent over $172 billion in 2002
alone.
Source:
National Endowment for
Financial
Education
Only 21% of
students between the ages of 16 and 22 say they
have taken a personal finance course through
school.
Source: Youth
and Money Survey |
