Research

 Priceless!  As more states consider increasing access to personal finance, we should expect advocates to be questioned about the value of a personal finance course or in investment parlance, "What's the Return on Investment (ROI)?"   We know there is lots of academic value to the course as it develops the following skills: Analytical thinking Problem-solving Teamwork through group projects Decision-making in ambiguous situations where there may not be one right answer Communication skills, including written and oral in classroom discussions and presentations It also presents...

The importance of Penn having its students take a Physical World course pales in comparison to preparing its students to successfully navigate the make-or-break financial decisions that await them after college.

Early life exposure to local financial institutions increases household financial inclusion and leads to long-term improvements in consumer credit out…

The Federal Reserve Board of Governors in Washington DC.

At NGPF we were curious about how teachers prepared to teach personal finance and what kind of professional development (PD) opportunities educators nationwide took advantage of. Thanks to the 1,777 respondents, we have some key findings to share with you all: On average, respondents had 8 years of experience teaching personal finance 81% of respondents have attended PD in personal finance since starting to teach personal finance As you can see above, 69% of respondents were either “not confident” (19%) or “slightly confident” (50%) in teaching personal finance ...

/PRNewswire/ -- November is Entrepreneurship Month. To mark the occasion, Junior Achievement is releasing The States of Entrepreneurship in America report for...

Consumers tend to overestimate their financial literacy; when given a financial quiz only 6 percent scored an "A." Overconfidence can lead to costly mistakes.

We study the rapidly growing literature on the causal effects of financial education programs in a meta-analysis of 76 randomized experiments with a total sample size of over 160,000 individuals. The evidence shows that financial education programs have, on average, positive causal treatment effects on financial knowledge and downstream financial behaviors. Treatment effects are economically meaningful ...

/PRNewswire/ -- Research conducted by the National Financial Educators Council in August indicated that the majority of Americans (over 84%) replied,...

Last week, the U.S. Financial Literacy and Education Commission released their U.S. National Strategy for Financial Literacy 2020. We thought that of particular interest to many of our teachers would be their recommended Best Practices:  “Based on an extensive review of academic research, consultations with experts, and discussions with members of the FLEC, a number of themes regarding effective financial literacy and education have crystalized.