K-12 Financial Education

Guest: Janneke Ratcliffe, Assistant Director for Financial Education at the Consumer Financial Protection Bureau  Americans are saving less and racking up more debt with credit cards, student loans and such. According to the Council of Economic Education, one in three adults believes they made poor financial decisions as a result of lack of financial literacy. They may have lacked that literacy because financial education is relatively rare in America’s public schools. Fewer than half of states require a high school course in Personal Finance as a requirement to graduate. So, the Consumer Financial Protection Bureau has developed a guide to help policymakers improve that number.