As of 2014, four percent of all 16- to 19-year-olds in the United States had left high school without graduating for a total of 690,000 youth. The current rate of youth leaving schools represents a decline from a high of approximately fourteen percent 40 years ago. The possible reasons for improvement include improved academic measurement and…

This brief is based on an econometric study conducted in 2016 by Thomas Malone and Dr. Jonathan Zaff. The nation's high school graduation rate has been rising over the past decade and is now at a historic high. As of 2014, however, four percent of all 16- to 19-year-olds in the United States--a total of 690,000 young people--had left high school…

Financial literacy and financial education play a central role in asset accumulation, shaping individuals' attitudes, behaviors, and decisions in ways that, ultimately, affect their financial and social well-being. The acquisition of financial skills begins with parental teaching and role modeling, which provides children with their first exposure…