Graduation Year


Document Type

Honors Thesis

Degree Name

Bachelor of Arts


Business Studies

Program or Major


Faculty Advisor

Bryan Coleman


Financial literacy, Personal finance education


This thesis discusses the current state of financial education and young adult financial literacy in the United States. Financial literacy is the level of personal finance knowledge an individual requires to make beneficial financial decisions. The United States faces a financial literacy crisis in young adults evidenced by failing scores of assessments administered by the Jump$tart Coalition, a leader in researching financial literacy in young adults. This thesis presents research and analysis of personal finance assessment scores from students of Franklin High School, Massachusetts. Assessments were administered to personal finance, business, and history students. The majority of students failed the assessment, and this thesis explores possible factors explaining why.