What is the Educational Cost of Mandating Personal Finance Education?
As part of NEFE's ROI (Return on Investment) research into course requirements for K-12 students, research from Dr. Carly Urban demonstrates that requiring standalone high school personal finance courses significantly improves student financial outcomes with a high likelihood of not increasing district spending or staffing needs.
Dr. Urban is Professor of Economics of Montana State University Department of Agricultural Economics and Economics, research fellow at the Institute for Labor Studies (IZA), a fellow at the TIAA Institute, and a faculty affiliate at the Center for Financial Security at the University of Wisconsin-Madison.