I ended my last post asking, “Is public education the proper place for a solution?” It’s a bit of a loaded question. Certainly, public schools should teach what amount to basic life skills, right?
Here in Utah, the Legislature has mandated basic financial education for high school students (Utah Code 53A-13-108). It happened partly because bankruptcy [...]

Education, Financial Literacy | 4 Comments »

I’ve been involved in a national group studying financial literacy education in public schools. The statistics demonstrating the consumerism and indebtedness of the American public are astounding. It’s no wonder our federal government isn’t fiscally responsible–a good number of our citizens aren’t either.
The Problem
Americans carry about $800 billion in consumer debt. [1] At the [...]

Education, Financial Literacy | 2 Comments »