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The State of Financial Literacy in America <ul><li>Students entering college are offered an average of eight credit cards ...
ABA Education Foundation <ul><li>In 2001, more young adults filed for bankruptcy than graduated from college </li></ul>
Collegiate Funding Services <ul><li>Students completing a graduate or professional program have an average student loan de...
The State of Financial Literacy in America <ul><li>Only 21% of students age 16 to 22 say they have taken a personal financ...
The State of Financial Literacy in America <ul><li>Only 26% of students age 13  to 21 reported their parents actively taug...
Census Bureau <ul><li>More than 40% of American households have less than $1,000  in liquid, non-retirement savings accoun...
Nellie Mae <ul><li>1 in 10 undergrads owes more than $7,000 in credit card debts </li></ul>
Nellie Mae  <ul><li>The average undergraduate student loan debt in 2003 was $18,900 </li></ul>
USA Today <ul><li>Last year the credit card industry took in $43 billion in fee income,  </li></ul><ul><li>up from $39 bil...
USA Today <ul><li>Last year, credit card fees accounted for 35% of industry income, up from 18% six years ago.  </li></ul>
Making the Case for Financial Literacy <ul><li>As little as 10 hours of personal financial education positively affects st...
Stressfreenetworking.org <ul><li>The average American household has less than $100 per month of discretionary disposable i...
ABA Education Foundation <ul><li>The U.S. has the lowest personal savings rate of any major industrialized nation </li></ul>
Bureau of Economic Analysis <ul><li>During World War II, Americans were saving more than 24 percent.  </li></ul><ul><li>By...
Employee Benefit Research Institute <ul><li>In a 2005 study, </li></ul><ul><li>52 percent of workers had retirement saving...
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  1. 1. The State of Financial Literacy in America <ul><li>Students entering college are offered an average of eight credit cards during their first week of school. </li></ul>
  2. 2. ABA Education Foundation <ul><li>In 2001, more young adults filed for bankruptcy than graduated from college </li></ul>
  3. 3. Collegiate Funding Services <ul><li>Students completing a graduate or professional program have an average student loan debt of $23,000 </li></ul>
  4. 4. The State of Financial Literacy in America <ul><li>Only 21% of students age 16 to 22 say they have taken a personal finance course through school </li></ul>
  5. 5. The State of Financial Literacy in America <ul><li>Only 26% of students age 13 to 21 reported their parents actively taught them how to manage money </li></ul>
  6. 6. Census Bureau <ul><li>More than 40% of American households have less than $1,000 in liquid, non-retirement savings accounts </li></ul>
  7. 7. Nellie Mae <ul><li>1 in 10 undergrads owes more than $7,000 in credit card debts </li></ul>
  8. 8. Nellie Mae <ul><li>The average undergraduate student loan debt in 2003 was $18,900 </li></ul>
  9. 9. USA Today <ul><li>Last year the credit card industry took in $43 billion in fee income, </li></ul><ul><li>up from $39 billion in 2002 </li></ul>
  10. 10. USA Today <ul><li>Last year, credit card fees accounted for 35% of industry income, up from 18% six years ago. </li></ul>
  11. 11. Making the Case for Financial Literacy <ul><li>As little as 10 hours of personal financial education positively affects students’ spending and savings habits. </li></ul>
  12. 12. Stressfreenetworking.org <ul><li>The average American household has less than $100 per month of discretionary disposable income </li></ul>
  13. 13. ABA Education Foundation <ul><li>The U.S. has the lowest personal savings rate of any major industrialized nation </li></ul>
  14. 14. Bureau of Economic Analysis <ul><li>During World War II, Americans were saving more than 24 percent. </li></ul><ul><li>By July 2005, personal savings had dropped to 0 percent </li></ul>
  15. 15. Employee Benefit Research Institute <ul><li>In a 2005 study, </li></ul><ul><li>52 percent of workers had retirement savings of less than $25,000,13 percent had saved $25,000 to $50,000, far below their need. </li></ul>

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