6/4/24 – When Tested, Most Students Lack Financial Literacy, New Study Finds

June 04 2024
By: info@njcfe.org
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When Tested, Most Students Lack Financial Literacy, New Study Finds

May 27, 2024 | forbes.com

Image by Mote Oo Education from Pixabay

College has changed over the past few decades. That’s something that should be clear, even to casual observer.

Yet the majority of students still don’t have a grasp on basic financial matters, according to a recent research paper. The paper, titled Financial Literacy and Student Debt: Survey of College Students, found that overall the students surveyed did pretty badly in a six-question financial literacy test. The paper was authored by Hipolito Davila, and Jitka Hilliard, both from the department of finance at Auburn University, Alabama.

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6/4/24 – When Tested, Most Students Lack Financial Literacy, New Study Finds

When Tested, Most Students Lack Financial Literacy, New Study Finds

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