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Stock impact report

NATIONAL SURVEY: Two-Thirds of Middle-Income Americans Feel School Failed Them on Financial Education, with Youngest Most Challenged [Yahoo! Finance]

Primerica, Inc. (PRI) 
Last primerica, inc. earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
of financial services and products in the United States and Canada, released its Financial Security Monitor ™ (FSM™) survey for the first quarter of 2024, revealing two-thirds (66%) of middle-income Americans feel their education did not adequately prepare them to manage their finances as adults, with a notable discrepancy across age groups. A majority of those under age 65 said their financial education fell short, with the youngest age brackets expressing the highest level of dissatisfaction, including 73% of those ages 18-34, 69% of those 35-49, and 65% of ages 50-64. In contrast, a majority (61%) of men over 65 felt their education did a good job preparing them — the only demographic to believe so — while a majority (57%) of women in the same age group said the opposite. Specifically, most middle-income Americans said schools did not prepare them for tasks such as doing taxes (71%), paying back student loans (67%), taking out and paying back loans (64%), or setting a household Show less Read more
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