"Bridging the Financial Literacy Gap: Empowering Teachers to Support the Next Generation"
Millennial teachers are more likely to believe that financial literacy should be taught in schools than their older colleagues, concludes a report from professional-services firm Pricewaterhouse Coopers.
The report, released last week, measures approximately 2,000 teachers' attitudes toward financial education. The research firm MDR conducted an online survey of teachers of various subjects and grades from across the country. PricewaterhouseCoopers launched a financial-literacy effort, including a curriculum called Earn Your Future, four years ago.
The survey found that 47 percent of millennial teachers, compared with 42 percent of their older colleagues, believe financial education should be taught primarily in the classroom and reinforced at home. The margin of error was 2.9 percent. Millennials were also more likely than their peers to use grants or to fundraise through websites like DonorsChoose in order to teach financial literacy.
Overall, 92 percent of the teachers surveyed said they believe that financial education should be taught in school, but only 12 percent do so.
Vol. 35, Issue 27, Page 5Published in Print: April 13, 2016, as Teaching Economics