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Financial Literacy Education Should Address Systemic Inequities

A Hofstra University expert argues that financial literacy education cannot succeed as a standalone fix because it often ignores the systemic inequities, such as unequal access to credit, wealth gaps, and discriminatory lending, that shape people's financial realities. The argument calls for curricula that pair money-management skills with a clear-eyed account of the structural barriers different communities face.

Why now: Ongoing debates over wealth inequality and whether personal finance classes address root causes have renewed attention to how financial literacy is taught.

Hofstra University

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