Preparing Students for Life After High School Why Financial Literacy Matters Did you know that 73% of teens say they want to learn more about personal finance, yet only 1 in 4 students have access to a financial literacy course in high school? As states increasingly recognize the importance of money management skills, schools play a crucial role in ensuring students are financially prepared for their futures.1
Why Financial Literacy is Essential for High School Students » » »
Student loan debt has reached $1.7 trillion in the U.S.2 Only 24% of millennials demonstrate basic financial literacy.3 Roughly a third of Gen Z bank account holders indicated that they worried about their financial future in the U.S.4
States Making Financial Literacy a Priority 27 states guarantee a standalone Personal Finance course for all high school students.
How Schools Can Get the Community Involved » »
Hosting personal finance workshops for students and parents. Partnering with local businesses, banks, and credit unions. Financial literacy is a critical skill for all students. We have used Knowledge Matters Virtual Business - Personal Finance Simulation for many years with our career and technical education students. Now, with Silver State Schools Credit Union’s support, all high school students in Clark County School District have access to these financial literacy simulations to prepare them for lifelong economic empowerment. - Clark County CTE Administrator
How eDynamic Learning & Knowledge Matters Can Help Engaging digital courses and interactive simulations prepares students for real-world financial decisions starting in middle school into high school.
Sources 1. https://moneyzine.com/personal-finance/financial-literacy-statistics/ 2. https://educationdata.org/student-loan-debt-statistics 3. https://www.nefe.org/news/2017/02/millennials-show-alarming-gap-between-financial-confidence-and-knowledge.aspx 4. https://www.statista.com/statistics/1400739/gen-z-attitude-toward-personal-finances-in-the-us/
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