University of ArizonaNorton School of Family and Consumer Sciences

Why High Schoolers And High Finance Are Worlds Apart

The University of Arizona’s Michael Staten, Director of the Take Charge America Institute for Financial Education and Research commissioned a national poll sampling 878 students from 18 high schools across 11 states that was conducted by The Financial Literacy Group. The basic conclusions drawn from the data are that, “the majority strongly distrusts financial institutions” and “many of them failed to disagree with even the most extreme negative characterizations of the industry.” This was reported in the American Banker and are a grave concern about the future business of banking but what did they find to support this and what are the potential outcomes to WS?

News Contact: 
Dr. Michael Staten
Contact Email: 
statenm@email.arizona.edu


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