8.6% of high school students in city locales were guaranteed to take a standalone personal finance course.12.1% of high school students in suburb + town locales were guaranteed to take a standalone personal finance course.17.4% of high school students in rural locales were guaranteed to take a standalone personal finance course.In schools with 75%+ Free and Reduced Lunch eligibility, only 1 in 13 students were guaranteed to take a standalone personal finance course prior to graduation.In schools with a 75%+ Black and Brown student population, only 1 in 14 students were guaranteed to take a standalone personal finance course prior to graduation.According to the 2021 State of Financial Education Report from Next Gen Personal Finance, personal finance education is not made equally accessible, let alone guaranteed, for all students causing more challenges to overcome economic mobility. This lack of preparation is one of the contributors to why closing the racial wealth gap is greater today than it was at the start of the century. Many employers agree, with 70% saying recent graduates don’t have the durable skills, like financial literacy, problem solving, communication, leadership and collaboration, needed to be job ready and thrive in today’s job market. However, students are finishing school without these critical skills, particularly students of color and those living in low-income households, creating unequal disadvantages that can affect their well-being for years to come. The World Economic Forum named financial literacy as one of the top durable skills every student critically needs to succeed to be prepared for jobs of the future. Financial Literacy Month is celebrated during the month of April as an effort to bring awareness to the benefits of gaining and maintaining healthy financial habits and teaching people how to improve their understanding of many common financial issues.
0 kommentar(er)
