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ERIC Number: EJ1070811
Record Type: Journal
Publication Date: 2008
Pages: 11
Abstractor: As Provided
ISSN: ISSN-1052-3073
Valuing the Implementation of Financial Literacy Education
Davis, Kimberlee; Durband, Dorothy Bagwell
Journal of Financial Counseling and Planning, v19 n1 p20-30 2008
Placing a monetary value on education is a complex task. A more difficult task is to determine at what monetary level individuals will support educational improvements. The contingent valuation method was used to estimate the value of the implementation of financial literacy education in Texas public schools. A Web-based survey was administered to 279 Texas Parent Teacher Association (PTA) members. Respondents reported being willing to pay additional property taxes for implementation of financial literacy education. Additional gambling venues and state sales tax proved to be acceptable revenue sources for added educational funding, whereas a state in-come tax proved to be the least preferred revenue source.
Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site:
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Texas
Grant or Contract Numbers: N/A