Financial Literacy And Education Commission Lacks National Strategy

by Justin on December 7, 2006

Abstract

The Financial Literacy and Education Improvement Act of 2003 called for the formation of the Financial Literacy and Education Commission with the primary purpose of promoting financial literacy and education nationwide by forming a comprehensive national strategy. However, after three years of activity the Government Accountability Office (GAO) recently reported to Congress that the Commission’s work “lacks certain key characteristics that are desirable in a national strategy.”

Originally posted to NASFAA’s Today’s News on 12/07/2006

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