Over 43% of High School Students Anxious About Their Financial Prospects
Black Owned Newspapers And Blogsby Toter 2 months ago 95 Views 0 comments
Despite the rise of financial literacy initiatives in educational settings, many adolescents harbor deep concerns about their financial prospects. A recent analysis by Junior Achievement and MissionSquare Retirement indicates that 43% of individuals aged 13–18 fear insufficient funds for future needs. While 45% of high schoolers have pursued financial education, substantial knowledge gaps persist.Key findings reveal that:- 68% think retirement savings can be postponed.- 43% consider an 18% debt interest rate tolerable.- 80% lack familiarity with FICO credit scores.Dr. Monica Goldson asserts that financial literacy programs should incorporate evidence-based methodologies.
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