U.S. students scored behind Estonia and Poland on this financial literacy exam — try 2 questions for yourself. (via CNBCMakeIt)
Every three years, the Organization of Economic Cooperation and Development coordinates a test of students around the world called the Program for International Student Assessment. The so-called PISA assesses 15-year-olds' literacy in reading, math and science. It also includes an optional financial literacy section.
Since the financial literacy section was first offered in 2012, U.S. students have consistently performed in the middle of the pack. Most recently, the average score among all OECD countries was 505 and the average score among U.S. students was 506."At a moment when Americans are facing tough financial decisions, we are reporting that we aren't making progress preparing students for the realities of economic life as an adult in the modern age," said Peggy G.
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