|Helping people achieve a brighter financial future is Discover’s mission. Whether it’s helping customers and our employees spend smarter, manage debt better and save more, or teaching the next generation good financial habits no matter what challenges arise, Discover remains committed to providing financial education tools and resources for everyone. Discover’s Pathway to Financial Success program is a vital component of this commitment and it’s needed now more than ever.
Fifty-nine percent of Americans ages 18-26 who have taken a financial education course believe the lessons will save them more than $10,000 over the course of their lifetimes, according to a survey from Discover. Yet still, more than 1 in 6 U.S. students do not reach the baseline level of proficiency in financial literacy.
Pathway to Financial Success in Schools has made a profound impact on middle schools and high schools across America since launching in 2012. Since that time, the program, which provides curriculum and resources for teachers and tools and tips for parents, has impacted nearly 5.7 million children and their families across the country.
With inflation increasing 7.9% over this time last year, and interest rates on the move, it is critical for emerging adults to understand how these topics play into their daily lives and planning for the future, “The Pathway to Financial Success in Schools program aims to provide students with the context and understanding of real-world financial concepts, how they can adapt to changes in the world, and their personal circumstances as they move through life to make informed financial decisions.