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Maria Hampton, branch executive of the Louisville Branch of the Federal Reserve Bank of St. Louis, said recently in the Louisville Courier-Journal that Kentucky and Indiana schools need to place a greater emphasis on financial literacy.
“The local conversation about education has focused on the need for increasing enrollment in Kentucky colleges and universities and on making it easier for all to attend college and earn a degree,” Hampton wrote in her opinion piece. “While those objectives will be instrumental in the success of future generations, they don’t address the issue that many of our children leave high school and college without the ability to manage their money.”