It’s hard to manage your credit when you’ve never heard of ‘interest’, By Marsha Mercer, August 7, 2018, Stateline: “When Kentucky state Treasurer Allison Ball and a colleague talked with high school seniors last year about credit cards and other pieces of the personal finance puzzle, something wasn’t right. “We kept using the word ‘interest’ and we kept getting blank stares,” Ball recalled. Finally, she asked the students who knew what interest is. No one did…”
Poverty-related issues in the news, from the Institute for Research on Poverty