Education Commons^™

Financial Literacy For Latino Immigrants: A Guidebook For Esl Teachers, Anna Braden

Master's Projects and Capstones

Latino immigrants face many financial challenges in the United States. Language barriers exclude them from jobs as well as financial and consumer markets. Lack of familiarity with the U.S. financial system or bad experiences with financial systems in their home countries can create mistrust and lead to Latino immigrants being unbanked or underbanked. Consumer vulnerabilities may also be exploited as immigrants turn to nonbank financial services such as predatory lenders (check cashers, payday lenders, etc.). Lack of access to jobs and marketplaces results in lower income and less wealth accumulation. Over time this results in wealth inequality between Latino immigrants …

Equity Issues In Student Financial Literacy, Sue Thomson

Teacher columnist - Sue Thomson

The impact of the COVID-19 pandemic on national economies has underlined the necessity for strong personal financial literacy. With people suddenly able to draw money from their superannuation or freeze their mortgage repayments in order to meet expenses, it is vital that they have the skills to evaluate the costs and benefits associated with such options. Financial education therefore has a role, in conjunction with consumer protection and regulation policies, in equipping people to attain the appropriate skills and knowledge in financial literacy.

Survey Data Of Finalists And Winners In The Search For Outstanding Teachers In The Philippines, 1988-2010, Majah-Leah V. Ravago, Dennis S. Mapa

Economics Department Faculty Publications

The data derives from a survey of teachers who competed at the national level in the Metrobank Foundation, Inc. Search for Outstanding Teachers in the Philippines from 1988 to 2010. Conducted in March-September 2014, the survey has complete information from 252 national winners and finalists. The survey collected data on teachers’ professional profile, socio-demographic characteristics, community involvement, socioeconomic characteristic of the teachers’ household including income and expenditure, and their overall perception on the search for process. It also collected information from school heads. The data collected by the survey from the school head include statistics on the educational profile of …

Pisa 2018: Financial Literacy In Australia, Sue Thomson, Lisa De Bortoli, Catherine Underwood, Marina Schmid

OECD Programme for International Student Assessment (PISA) Australia

The Programme for International Student Assessment (PISA) 2018 is the seventh cycle of PISA since it was first conducted in 2000 and measures students’ skills in the core areas of reading literacy, mathematical literacy and scientific literacy. Since PISA 2012, financial literacy has been included as an additional optional assessment that accompanies the core assessments. In Australia, the financial literacy assessment is funded by the Australian Securities and Investment Commission. This report presents the results for the third assessment of financial literacy and focuses on the measurement of financial literacy for Australia as a whole and for different demographic groups, …

Infographic: Proficiency In Financial Literacy, Dominique Russell

Teacher infographics

The Programme for International Student Assessment (PISA) examines student understanding about money matters. Here, we look at 15-year-old students’ understanding of and attitudes towards money in the 20 countries and economies that participated in this optional portion of the assessment in 2018.

Longer-Term Impact And Efficacy Of Nebraska's In-School Elementary Grades Savings Programs, Jennifer Davidson

Department of Teaching, Learning, and Teacher Education: Dissertations, Theses, and Student Research

The prevalence of in-school savings programs is widespread. Research on program efficacy is not. This mixed-methods case study contributes to the gap in the research literature. The study examined the in-school savings program, conducted in the elementary grades, from multiple perspectives. The first perspective was a longitudinal one that assessed high school student financial behaviors and evaluated if there were any lasting effects from participation in the program when they were in elementary school. The second perspective was an educational one that assessed what elementary school teachers and administrators who implemented the programs thought about the benefits of the program. …

Informing The Creation Of A Financial Literacy Tool For Cal Poly Students, Kelly Michelle Carroll

Communication Studies

This research project examines the wants, needs, and desires of Cal Poly students to inform the creation of a financial literacy tool (tentatively named “MoneySmart”) to be created by another student. The methodologies used to gauge these metrics were a literature review and questionnaire. The literature review aids in understanding research regarding the current state of student financial literacy in the United States, including student attitudes toward the topic. Subsequent findings were used to create the questionnaire, which inquired about students’ financial stress, confidence in their abilities to manage their personal finances, specific interests for the design and contents of …

A High School Curriculum That Will Help Prepare Students For A Life Outside Of Academics, Kaitlyn Witt

Honors Projects

Current high school curriculums are detailed to push students towards a college education. However, the curriculum does not prepare students for a life outside of academics. After creating a survey, the results showed that individuals that have completed their high school education do not feel prepared to enter the adult world. The individuals that took the survey responded that they did not feel comfortable managing their finances or cooking a meal on their own. In order to help prepare students for a life outside of the education, individuals in charge of creating a curriculum need to make revisions. After conducting …

Factors Contributing To Student Loan Debt, Cynthia Fitzthum

Culminating Projects in Higher Education Administration

The costs of higher education continue to rise each year and students are faced with increasing levels of tuition and fees to obtain their degrees. With research showing the benefits of post-secondary degrees, it is important for institutions to educate students on financial literacy and loan choices to ensure they are informed consumers. Using qualitative research, this study focuses on St. Cloud State University students to understand how a regional comprehensive institution can proactively work to help students through the student loan process by examining factors that contribute to student loan debt.

Personal Finance Education: The Benefits In Secondary School Settings, Kathryn Mary Sickels Batterman

All Electronic Theses and Dissertations

The purpose of a Personal Finance course is to develop important financial literacy concepts that all adults need to thrive in today’s increasingly complex economy. A lack of financial literacy for many individuals in the United States is an extensive problem that erodes into individuals' livelihood when unaddressed. This research investigates the benefits of a Personal Finance class which teaches students introductory financial literacy content, as well as skills and strategies that they can implement to make a positive impact in their own lives as they grow into adulthood. This research will focus on the advantages of a Personal Finance …

Young Adult Financial Literacy And Its Underlying Factors, Emily Meyers

Honors Theses

This thesis discusses the current state of financial education and young adult financial literacy in the United States. Financial literacy is the level of personal finance knowledge an individual requires to make beneficial financial decisions. The United States faces a financial literacy crisis in young adults evidenced by failing scores of assessments administered by the Jump$tart Coalition, a leader in researching financial literacy in young adults. This thesis presents research and analysis of personal finance assessment scores from students of Franklin High School, Massachusetts. Assessments were administered to personal finance, business, and history students. The majority of students failed the …

Does Experiential Learning Add Value In Financial Literacy Education: A Qualitative Investigation, Abra Akers Endsley

Online Theses and Dissertations

According to Marketwatch.com the lack of financial literacy among U.S. citizens has cost upwards of $200 billion over the last twenty years. Besides racking up student loan debt that averaged about $37,172 per student in 2016 (Marketwatch.com) millennials and those in Generation Z are also the most likely to engage in risky financial behaviors like payday loans, pawnshops and tax refund advances (PwC, 2016; Mottolla, 2014). Being financially vulnerable as young adults compounded with today’s increasingly complex financial environment (Batty et al., 2015), make fertile ground for mistakes that have lifelong impact.

Over the last 20 years, much has been …