Scholarly Commons

School and Community Programs Impact on Financial Literacy

The importance of being able to measure financial literacy among high school students has been increasing. With the lack of adequate assessments, it is hard to measure the effectiveness of enacted legislation within the United States on financial literacy education. This study focuses on school districts in Pennsylvania due to poor performances of adequately preparing students with personal financial guidance. By looking at afterschool and community programs, these variables may increase the chances of a student having higher financial knowledge. From creating a new model and analyzing the data, the results are inconclusive whether afterschool and community programs have an impact on increasing higher financial literacy with the current data collected.