The aim of this study is to investigate the presence of DIF over the gender variable with the latent class modeling approach. The data were collected from 953 students who participated in the PISA 2018 8th-grade financial literacy assessment in the USA. Latent Class Analysis (LCA) approach was used to identify the latent classes, and the data fit…

More than half of U.S. states have enacted policies to expand financial literacy education in schools with kindergarten through grade 12 (K-12) with the goal of improving students' financial literacy skills. Although financial literacy education can be key to building long-term financial capabilities and well-being, more information is needed on…

RAND researchers conducted a study that aimed to fill the information gap on how to successfully implement a statewide financial education mandate by studying the implementation of Nevada's 2017 financial literacy education reform. The study focused on the reform enacted by the Nevada Legislature in 2017, Senate Bill 249, which required that…