Hank Levin Extols the Virtues of Financial Education in Wal... | Teachers College Columbia University

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Hank Levin Extols the Virtues of Financial Education in Wallethub

Wallethub.com, an online financial education website, asked  Henry Levin, the William Heard Kilpatrick Professor of Economics and Education, what could the federal and state governments, and parents, do to improve financial literacy, and published his responses.

Professor Levin says the federal government should develop media campaigns to "make citizens aware of both the importance of financial literacy" and its usefulness in addressing practical financial challenges. States should incorporate financial problem-solving into other curricula, and parents should help students with practical problems like "budgeting, saving, the magic of compound interest, credit cards and their dangers, etc..." 

To see Professor Levin's full answers, click here.

Published Tuesday, Jan. 13, 2015

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