Prep for Change: Improving Financial Capability Through Standardized Testing

Prep for Change: Improving Financial Capability Through Standardized Testing

Changing the context of standardized college-admissions tests (like the ACT or SAT) or state-wide exit exams could create a student-driven desire to learn about personal finance in a practical, doable, and scalable way. This paper explores the need for financial literacy in high school and explains how changing the context of standardized test could affect students by examining preliminary research and attitudinal studies from students and educators on this idea.

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