Complete Description:The U.S. Department of Treasury commissioned the Corporation for Enterprise Development (CFED) and the Center for Financial Security at the University of Wisconsin-Madison (CFS) to conduct a first-of-its kind examination of the combination of classroom financial education and in-school savings account access, which could be a promising approach for driving measurable improvements in financial capability.  CFED and CFS designed the research to test the effect of approximately five hours of classroom-based financial education and access to a bank or credit union branch in school, alone and in combination, on three primary measures of financial capability: financial knowledge; financial behavior such as opening and using accounts; and attitudes towards saving and financial institutions.
Funding Agency: Department of the Treasury
Language: English
Audience: Individual, Researcher, Teacher