Commentary: Private sector should take the lead in financial literacy

01/9/2012 | Huffington Post, The

Neither college students nor adults have a solid grasp of money management, studies and statistics show. Thirteen states require financial education in their school curriculum, but many teachers feel ill-prepared for the lessons. Shannon Schuyler of PricewaterhouseCoopers writes that businesses and nonprofits need to fill the gap left by "piecemeal" financial-literacy legislation. They should offer training for teachers and supplement classroom lessons, Schuyler writes.

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