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ERIC Number: ED606982
Record Type: Non-Journal
Publication Date: 2018-Feb
Pages: 9
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Financial Literacy in WCPSS. DRA Report No. 18.01
Lenard, Matthew; Huang, Haigen
Wake County Public School System
In the spring of 2016 and 2017, a sample of juniors across all Wake County Public School System (WCPSS) high schools was administered a survey of financial literacy concepts as part of the College and Work Readiness Assessment (CWRA). The district administered this survey as education stakeholders have become increasingly interested in--and concerned about--the financial literacy of students who will soon enter college or the workforce. Key findings include: (1) roughly 23% of WCPSS' male students demonstrated high financial literacy compared with only 13% of females; (2) Asian and White students exhibited rates of financial literacy roughly double those of their Black and Hispanic/Latino counterparts; (3) prior achievement in math and reading was strongly associated with high financial literacy. Students meeting grade-level or college-ready benchmarks demonstrated financial literacy rates 2-3 times higher than their lower-achieving counterparts; and (4) the factors most strongly predictive of whether a student had high financial literacy were Academically or Intellectually Gifted (AIG) status, being male, and meeting college/career readiness benchmarks in 8th grade math. The results suggest that WCPSS should explore interventions that can help close gaps in financial literacy between male and female students and among racial/ethnic groups.
Wake County Public School System. 5625 Dillard Drive, Cary, NC 27518. Tel: 919-431-7215; Fax: 919-431-7193; e-mail: wcpss-data-accountability@wcpss.net; Web site: www.wcpss.net
Publication Type: Reports - Research; Numerical/Quantitative Data
Education Level: High Schools; Secondary Education; Grade 11
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Wake County Public School System (WCPSS), Data, Research, and Accountability Department
Identifiers - Location: North Carolina
Identifiers - Assessments and Surveys: Program for International Student Assessment
Grant or Contract Numbers: N/A