Economic Literacy on Campus: Abysmal
Maurice Black and Erin O’Connor, research fellows at the American Council of Trustees and Alumni, write in “Illiterates,” a column in Newsday, that “younger Americans are deplorably uninformed about economic and financial matters.” They observe that “students who do not understand money e adults who are financially irresponsible.” And, of course, they e adults who are not equipped to understand broader economic issues involving government, such as taxation, debt and spending. From the column: Some colleges and universities offer programs...