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Grade School Marketplace

Zoe Erler

Results from a 2008 study by the National Jump$tart Coalition indicated a dismal rate of financial literacy among American high school students. The average score on a test that evaluated students’ knowledge of topics such as income, money management, saving, investing, spending, and credit was 48.3 percent, a failing grade.

Meanwhile, a group out in Columbus, Ohio, is using a virtual economy to teach low-income kids the value of hard work and generosity.

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  • Hannah Wasserman

    Wow! Really cool model-- has anything similar been done elsewhere?