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Direct linkCheng Yuan; Xiaoxiao Wang; Li Lin – SAGE Open, 2023
This paper studies how students' financial literacy affects their perceptions of returns to schooling and consequently their schooling decisions. We first propose a model of human capital accumulation where financially illiterate students exhibit a cognitive bias of "ironing heuristic." With this decision heuristic, students tend to…
Descriptors: Foreign Countries, Rural Areas, Financial Literacy, Student Attitudes
Download full textElise T. Carlson; Daniel W. Eadens – Journal of Pedagogical Research, 2023
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…
Descriptors: Financial Education, Financial Literacy, Money Management, Young Adults
Khalo, Xolani; Adu, Emmanuel Olusola; Olawale, Babawande Emmanuel – EURASIA Journal of Mathematics, Science and Technology Education, 2022
This study examined the relationship between language difficulties and learner's errors in financial mathematics, and it employed a quantitative research approach using a case study design. The population for the study consisted of all grade 10 mathematical literacy (ML) learners from three selected schools in East London District, from which 40…
Descriptors: Mathematics Skills, Case Studies, Numeracy, Mathematics Instruction
