The Enterprise – Jeffrey Cutter
“While it is natural for teenagers to learn the hard way, they must have a foundation of knowledge to fall back on to learn from their mistakes. As parents, we oftentimes expect our kids to be financially literate… but what if they are not? You see, Champlain College did a study on National High School Financial Literacy. This study examined how public high schools around the nation prepare teens to deal with real-world finances. Champlain gave Massachusetts a failing grade because its secondary education curriculum framework does not require schools to offer financial literacy courses at all. As a parent of kids in high school and one about to go off to college, I was astonished to learn that there was such a gap. Especially these days, after everything so many families have gone through since the 2008 financial crisis.” (more)