4/30/2013 – Cordray Calls for Financial Education in Schools (American Banker)

The Consumer Financial Protection Bureau is recommending that policymakers implement a nationwide financial education program into grade school as well as standardized tests. Upon issuing a white paper Tuesday, CFPB Director Richard Cordray called the current process “utterly unacceptable” in which consumers mostly learn how to manage their finances by trial-and-error.

Read the full article at American Banker.