A study of 65,000 college students shows that the effects of financial literacy education in high school continue to influence attitudes and behaviors toward money management for students well after graduation.
The study was conducted by EverFi and Higher One, organizations that help implement financial literacy programs.
First-year college students required to take a financial literacy course in high school are significantly more likely than their peers who didn't take class to be financially responsible, the study found. Just 17 states require a course. The study, which is in its second year, is the first comprehensive analysis of the impact of high school financial literacy education on not only knowledge but attitudes and behaviors.
Read the USA Today report of the study.
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