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Delgadillo, Lucy M. – Journal of Family and Consumer Sciences, 2022
The National Strategy for Financial Literacy report released in 2020 by the U. S. Financial Literacy and Education Commission (USFLEC) crafted a new definition of financial education (FE). The report defines FE as the process by which "people gain information, skills, confidence, and motivation to act through various means including classroom…
Descriptors: Money Management, Literacy, Consumer Education, Learning Motivation
US Financial Literacy and Education Commission, 2019
The complex financial choices students must make are compounded by the fact that, for decades, the cost of college has been rising far faster than incomes. Between 2004-2005 and 2015-2016, prices for undergraduate tuition, fees, room, and board at public institutions rose 34 percent, after adjustment for inflation. Students and their families have…
Descriptors: Best Practices, Money Management, Higher Education, College Students
US Financial Literacy and Education Commission, 2020
The U.S. National Strategy for Financial Literacy 2020 ("National Strategy 2020" or "National Strategy") promotes the financial literacy of Americans in two ways. First, it identifies methods to improve and increase the financial literacy and education of Americans. Second, it articulates the federal government's roles,…
Descriptors: Money Management, Teaching Methods, Educational Improvement, Strategic Planning