2013-05-01americanbanker.com

``"I believe it is extremely important to require young people to receive further instruction in personal finance education during high school, when they are becoming conscious of the reality that they are getting close to going out on their own to make their own way in the world," Cordray said. "When young people do not have the skills to make effective financial decisions, they can incur unnecessary debt, miss opportunities to save money, and develop a poor credit history."''



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