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$17.8 trillion: That’s how much Americans owe in consumer debt. The biggest driver of that debt? Misunderstanding about how to use money. In a survey by the credit monitoring agency Experian, 3 in 5 American adults made financial mistakes because they weren’t money savvy. Experts are urging education for young people, including making financial literacy a graduation requirement. Will mandated financial literacy become part of the Massachusetts school curriculum?
By GBH4.5
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$17.8 trillion: That’s how much Americans owe in consumer debt. The biggest driver of that debt? Misunderstanding about how to use money. In a survey by the credit monitoring agency Experian, 3 in 5 American adults made financial mistakes because they weren’t money savvy. Experts are urging education for young people, including making financial literacy a graduation requirement. Will mandated financial literacy become part of the Massachusetts school curriculum?

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