The purpose of this study was to describe the relationships between financial literacy and financial capability rates of 18-24-year-olds and formal financial education in public K-12 schools. Though much has been studied about financial education, financial literacy, and financial capability, there are few clear answers about the relationships…

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…