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Students' Failing, Personal Finance Test Scores Worry Wisconsin Credit Unions

PEWAUKEE, Wis. - Wisconsin credit unions' concerns are growing following a recent round of testing that measured Wisconsin high school students' knowledge on personal finance, the Wisconsin Credit Union League reported.

By Michelle A. Samaad | Updated on May 30, 2006

PEWAUKEE, Wis. – Wisconsin credit unions’ concerns are growing following a recent round of testing that measured Wisconsin high school students’ knowledge on personal finance, the Wisconsin Credit Union League reported.

The test revealed that many Wisconsin high school students don’t make the grade when it comes to financial matters. Commissioned by the Jump$tart Coalition for Personal Financial Literacy, the test concluded that Wisconsin students, on average, answered 53.1% of the questions correctly-a failing grade based on a basic academic grading scale, the league said. The national average was 52.4%

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