Arbeitspapier
Does State-Mandated Financial Education Reduce High School Graduation Rates?
Concerned about low levels of financial literacy among teens and the importance of their looming financial decisions as emerging adults, state policymakers have expanded high school personal finance graduation requirements. Did these added requirements create an additional barrier for students? Comparing students in states with and without standalone personal finance course requirements before and after the requirements went into place, there is no evidence that these requirements reduced graduation rates overall, by race, by gender, or by family income. Existing research quantifies improvements in debt and credit behaviors, and these findings suggest there are not simultaneous adverse effects overall or for at-risk students.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 15402
- Classification
-
Wirtschaft
Household Saving; Personal Finance
Education and Inequality
- Subject
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high school graduation
personal finance
financial education
- Event
-
Geistige Schöpfung
- (who)
-
Urban, Carly
- Event
-
Veröffentlichung
- (who)
-
Institute of Labor Economics (IZA)
- (where)
-
Bonn
- (when)
-
2022
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Urban, Carly
- Institute of Labor Economics (IZA)
Time of origin
- 2022
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