"Empowering Youth: The Rise of Financial Literacy Education in Schools"

A recent report by consulting firm Tyton Partners and Next Gen Personal Finance found that completing a one-semester course in personal finance in high school can result in a lifetime benefit of roughly $100,000 per student. The financial value comes from learning to avoid high-interest credit card debt and leveraging better credit scores. The trend toward in-school personal finance classes is gaining steam, with half of all states requiring or in the process of requiring high school students to take a personal finance course before graduating. Studies show a strong connection between financial literacy and financial well-being, with students who take personal finance courses being more likely to tap lower-cost loans and grants for college and having better credit scores and lower debt delinquency rates as young adults.