Education
Jan. 29, 2014
It's time for California to catch up on financial literacy
Despite being one of the states hardest hit by foreclosures, California does not require personal financial education in its schools. By Katherine Riley
"Worse than Iraq." That's how one U.S. marine described dealing with his ballooning adjustable-rate mortgage payments and the threat of home foreclosure. The marine, in an interview on "This American Life" on NPR, explained that managing his financial situation was more stressful than being shot at in combat because he had been trained for the latter but not the former.
But what if this marine, and other homeo...
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