Multiple studies show that a well-designed financial literacy course, taught by highly trained educators who attended a training program and used a specific curriculum, improved the average personal finance knowledge of the students in all standard and concept areas covered by the researchers' assessment examination.
There is at least one glaring gap that is largely not addressed in our school system. Until recently, educators have overlooked the importance of financial literacy education in high school. A recent report from FINRA showed that while financial literacy among all Americans has dropped in the past decade, the steepest drop is among young people. A 2020 study showed that financial education requirements are associated with fewer defaults and higher credit scores among young adults. They also concluded that well-funded teacher preparation may be key to successfully implementing financial education programs
Rob Manfred - Major League Baseball