What is the Problem?
Policy Recommendations for Advancing K-12 Financial Education
Director Richard Cordray announced the release of the Consumer Financial Protection Bureau’s policy recommendations for supporting youth financial education in a white paper, entitled "Transforming the Financial Lives of a Generation of Young Americans." This white paper identifies two main problems: First, many young people are ill-equipped to make major financial decisions, and second, young people confront a financial services marketplace that involves increasingly complex financial decisions.
The white paper provides an overview of the financial decision-making context that Americans navigate, surveys some existing efforts in the K-12 financial education field, and addresses each of these elements with a comprehensive youth financial education strategy.
Paying for College
From choosing a loan and comparing costs to managing your money and repaying your debt, the Consumer Financial Protection Bureau (CFPB) can help you make informed financial decisions about paying for college.
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