Remember that international exam last month that embarrassed a lot of Americans? The scores, you might recall, ranked U.S. children firmly below average in math and finally, after years, average at science. The test is called the Program for International Student Assessment exam, or PISA. And as it so happens, next year’s version of the PISA will feature a new section on financial literacy. But why financial literacy? And how well (or not well) will American kids do this next time around?
What do you think? Should kids be required to learn financial literacy? Why or why not? At what age do kids need to learn financial literacy?
Beth Kobliner, Takeaway contributor and appointee to the President’s Advisory Council on Financial Capability, has been researching the new exam. She shares her knowledge about why it’s been expanded, and her predictions about how well American kids will fare.
At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.
Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!