At InCharge, we rely on financial literacy data to inform and improve on our processes, educational materials and grant programs. Please find below links to recent surveys and studies by leaders in the financial education community.
Student Loan and Credit Card Debt Statistics From The NFCS
Data on average credit card debt, student loan debt, cash advances, over-the-limit fees and mobile payments from FINRA’s NFCS.
American Budgeting and Saving Behavior
Data on budgeting and saving behavior including savings rates, unpaid bills, low to no emergency funds and difficulty making ends meet from FINRA’s NFCS.
Financial Literacy Education Statistics from FINRA’s NFCS
Data on Americans’ perceptions of financial literacy knowledge clashes with the reality of their behavior. Financial education trends from FINRA’s NFCS.
Does Credit Counseling Work?
Findings from the OSU-NFCC Sharpen Your Financial Focus Initiative Impact Evaluation including research questions and executive summary results.
How Much Are Americans Saving for College, Retirement and Emergencies?
Find out how much Americans are saving for future expenses, including college, retirement and emergencies. 2015-2016 data reported.
About The Author
In his 40-plus-year newspaper career, George Morris has written about just about everything -- Super Bowls, evangelists, World War II veterans and ordinary people with extraordinary tales. His work has received multiple honors from the Society of Professional Journalists, the Louisiana-Mississippi Associated Press and the Louisiana Press Association. He avoids debt when he can and pays it off quickly when he can't, and he's only too happy to suggest how you might do the same.