In addition to career training and preparation, institutions of higher education can foster opportunities for financial education and promote access to resources for financial decision-making. Educational experiences can play a role in preparing and informing students about their financial decisions and the impact of financial choices they face as…

The U.S. National Strategy for Financial Literacy 2020 ("National Strategy 2020" or "National Strategy") promotes the financial literacy of Americans in two ways. First, it identifies methods to improve and increase the financial literacy and education of Americans. Second, it articulates the federal government's roles,…

Mastering financial knowledge and gaining financial skills and habits are important building blocks to help children and youth be better prepared to make important financial decisions. Financial capability establishes a strong foundation for young people to fully participate in the economy and financial system as they enter adulthood. Also,…

The complex financial choices students must make are compounded by the fact that, for decades, the cost of college has been rising far faster than incomes. Between 2004-2005 and 2015-2016, prices for undergraduate tuition, fees, room, and board at public institutions rose 34 percent, after adjustment for inflation. Students and their families have…

This document is intended to accompany "Hands-On Learning to Build Financial Habits: Federal Resources to Encourage School-Based and Youth Savings Program." It is intended to provide information on non-governmental research and resources that may be useful to financial institutions, state, local, or tribal government officials, teachers…

This resource guide is for financial institutions interested in enhancing financial capability through partnerships with youth employment programs. It maps out how and why financial institutions can help young people achieve greater financial well-being and employment success. This document highlights youth employment programs funded under the…

This resource guide is for youth employment programs that are interested in enhancing financial capability and building partnerships with financial institutions. It maps out how and why such partnerships can help young people achieve greater financial well-being and employment success. It also highlights youth employment programs funded under the…

In 2011, the Financial Literacy and Education Commission (FLEC) developed a national strategy, "Promoting Financial Success in the United States: National Strategy for Financial Literacy," which established goals for the various sectors seeking to increase financial literacy and improve individual financial well-being. The goals…

Since its establishment in 2003, the Financial Literacy and Education Commission (FLEC) has coordinated the federal government's efforts in promoting financial literacy, education and capability. The FLEC manages its activities collaboratively, focusing on direct education and outreach, supporting practitioners, and promoting research and…

High levels of student debt can hamper recent graduates as they start their adult lives and careers, influence their choice of job, location, or the decision to pursue further education (Asher 2009). At the same time, student loans are a vital source of financing for students looking to pursue higher education and, if managed appropriately,…

The Financial Literacy and Education Commission (FLEC or Commission), plays a central role in the federal government's efforts to enhance financial literacy. FLEC coordinates its members' diverse financial education activities -- for families, school children, college students, servicemembers and their families, disadvantaged and financially…

This paper describes a framework developed by the Financial Literacy and Education Commission (FLEC) to provide the foundation for an overarching financial literacy strategy. This framework establishes concrete goals that the non-profit, government, and private sectors can and should work together to increase financial literacy and improve…

Today's increasingly complex financial services market offers consumers a vast array of products, services, and providers to choose from to meet their financial needs. While this degree of choice provides consumers with a great number of options, it also requires that they be equipped with the information, knowledge, and skills to evaluate their…