Why Do Chinese Students Know More About Money Than Americans Do?

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Media Outlet: The Atlantic

Reid Cramer: There’s a lot we don’t know about what works in financial education...We don’t know how information translates to knowledge, and there’s real challenge to teaching people who aren’t connected to financial systems in a basic way.

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Reid Cramer is director of the Millennials Initiative at New America. Previously, he served as the Asset Building program's research director and as a co-director of New America's Next Social Contract Initiative.