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Classroom Lessons Can Keep Kids Debt-Free

In an analysis of a new study that touts not only the benefits of providing students with financial literacy fundamentals, but also the dangers of failing to do so, a blogger for The Economist succinctly sums up the equation: “those who understand interest earn it; those who don’t pay it.” This is precisely why–more than any other financial institution–credit unions, which are member-focused, make educating the communities they serve their #1 priority.

http://www.economist.com/blogs/freeexchange/2014/08/financial-literacy