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> Financial education in US schools is basically non-existent.

Source?

As of 2015, U.S. 15 year olds do about average on international tests of financial litteracy, as compared to other OECD countries[0]

The issue is not that 2/5ths of people are bad at managing their money, it's that they don't have any money to manage.

[0] http://www.oecd.org/education/pisa-2015-results-volume-iv-97...



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