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As inflation continues to wreak havoc on American finances, an overwhelming majority are saying they’d be willing to take the time to go back and learn the basics:
- In one survey, 85% of U.S. high school students said that they are interested in learning about financial topics in school.
- And in another, 81% said they’d be willing to take an “adulting crash course,” and noted that the most important topic to them was managing their personal finances (39%).
Few states require a stand-alone personal finance course to graduate from high school, according to The American Public Education Foundation’s Nation’s Report Card on Financial Literacy:
RELATED: 1 in 3 Americans maxing out credit cards because of inflation: survey
What does it mean to be financially literate?
A survey from credit rating agency Standard & Poor’s (S&P) found only 57% of adults in the U.S. are financially literate.
Creating a baseline for financial literacy may be …