Share:

Completed Research

NEFE awards research grants that have the potential to make a profound contribution to the field of financial literacy and seek to improve the public’s financial well-being. Explore findings from our completed research projects below.  


Diverging Paths: Youth Debt, College and Family Background

This study, funded by a grant from NEFE to The Ohio State University, examines student loan debt along with secured and unsecured consumer debt to illustrate the broader financial risk experienced by young adults with education ranging from high school diplomas to graduate degrees.

The Effects of K-12 Financial Education Mandates on Student Postsecondary Education Outcomes

This study, funded by a grant from NEFE to Montana State University, examines how personal finance graduation requirements in high school change whether or not young adults attend college, the types of institutions attended, and the methods by which individuals finance their post-secondary educations.

Financial Fragility in the US: Evidence and Implications

This study, funded by a grant from NEFE to George Washington University, analyzes financial fragility measures across two different datasets and gains additional insight from focus groups about people’s capacity to cope with unexpected expenses.

APLUS Wave 4: Adult Fiscal Competency: An Analysis of Financial Behavior During the Transition to Adulthood

This study, funded by a grant from NEFE to University of Minnesota, examines emerging adult financial behavior as a decision making process leading to adult thriving. This is the fifth installment of the longitudinal Arizona Pathways to Life Success (APLUS) study, which has been following a large, diverse college student sample since 2008.

Untangling Determinants of Retirement Savings Balances

This study, funded by a grant from NEFE to The New School, determines how life events (such as unemployment spells, disability, marriage, and divorce) impact retirement savings and how these impacts differ by race, sex and income categories.

Enhancing Retirement Savings with School-Based Financial Education

This study, funded by a NEFE grant to George Washington University, analyzes findings from the OECD’s 2012 PISA financial literacy data and their implications for the development of sustainable retirement systems.

Early Warning Signs of Impaired Financial Skills in Older Adults

This study identifies very early declines in financial skills and translates these findings into a set of understandable early warning signs accessible to older adults, their families and a range of relevant professionals.

Financial Capability Among Young Adults

This study analyzes financial capability among young adults using the National Financial Capability Study.

The Significance of Gender for Savings and Retirement

Ethnographic study to illuminate how gender affects savings and retirement in diverse populations.

Cognitive Capabilities, Decision-Making Ability, and Financial Outcomes Across the Lifespan

This study, funded by a NEFE grant to Columbia University, explores how differences in decision-making traits translate to real-world financial outcomes.

Financial Behavior, Debt, and Early Life Transitions Insights from the National Longitudinal Survey of Youth, 1997 Cohort

This study, funded by a NEFE grant to The Ohio State University, follows the 1997 Cohort from the National Longitudinal Survey of Youth to explore financial behavior, debt, and early life transitions among young adults coming of age in the 2000s.

APLUS Wave 3: Transitioning to Adulthood in Rough Economic Terrain

Arizona Pathways to Life Success for University Students (APLUS), an investigation at the University of Arizona that follows young adults from their college years to the workforce, is discovering how the majority of young adults are struggling to achieve financial security in their transition from college to adulthood and how this time of passage affects financial attitudes, behaviors and overall well-being.

The Effect of Financial Literacy and Financial Education on Downstream Financial Behaviors

The purpose of this project was to compare the strength of findings across studies with different designs and different kinds of statistical analyses, all exploring the same core question: What is the connection between financial literacy and the choices that people make about their finances?

APLUS Wave 2: Changing Financial Behaviors of First Year College Students - Three Years and One Financial Crisis Later

Longitudinal research study to look at the connections between financial success and well-being in a diverse group of first-year college students; Wave 2 focuses on young adults' financial capability.

Financial Education Mandates Report

Study of the relationship between exposure to varying state mandates for high school financial education and college students' financial knowledge, dispositions, and behaviors.

APLUS Wave 1.5: Economic Impact Study: Financial Well-Being, Coping Behaviors and Trust among Young Adults

Longitudinal research study to look at the connections between financial success and well-being in a diverse group of first-year college students; Wave 1.5 focuses on the impact of the Great Recession on the financial well-being, coping behaviors and trust among young adults.

APLUS Wave 1: Arizona Pathways to Life Success for University Students (APLUS)

Longitudinal research study to look at the connections between financial success and well-being in a diverse group of first-year college students; Wave 1 focuses on cultivating Positive financial attitudes and behaviors for healthy adulthood.

Back to Top