Tuesday, July 16, 2013

Report Card on State Financial Literacy Efforts

The Center for Financial Literacy at Champlain College is out with its "National Report Card on State Efforts to Improve Financial Literacy Efforts."  Depending on where you live, the results are either encouraging or a sign of more work to do.  Chances are there is more work to do.

Key point:
What the grading shows is that we have a long way to go before we are a financially literate nation. Just 40 percent of states were given grades that you would want your children to bring home from school — grades A or B. Sixty percent of states have grades of C or less, with 44 percent having failing grades of D or F. Clearly, as a nation, we should be able to do better.
Find out how your state ranked