OneMain Financial Expands Commitment to Financial Education; Credit Worthy Curriculum Will Reach 2,000 High Schools Annually Through 2029
Research shows that only three in 10 high school students understand credit scores, and even fewer know how to improve a credit score. Through lessons on banking, budgeting, responsible credit use and more, the Credit Worthy curriculum provides students with practical financial skills to help them make informed decisions for their future. Credit Worthy was created in collaboration with EVERFI, the nation's leader in powering social impact through education.
Twenty-nine states require personal finance education as a condition for high school graduation. As more states require some form of financial education to be taught in schools, Credit Worthy is helping to fulfill those requirements in school districts across the country. The program is active in 17 percent of all public high schools across all 50 states,
"When we invest in financial education, we invest in stronger communities and a more empowered next generation," said
Research by EVERFI has demonstrated that Credit Worthy is effective in helping students develop skills to better manage credit. Students taking the Build: Credit Fundamentals course showed a 43% increase in their understanding of acquiring credit, a 40% increase in understanding the impacts of increased credit usage, a 126% increase on the topic of managing credit and a 98% increase regarding addressing issues with credit. The research tracked progress of 17,000 high school students across the country.
OneMain also offers the
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