Washington Post: Mandell says teens lack financial literacy

An Associated Press article in The Washington Post reports on a national financial literacy survey of young people conducted by Lewis Mandell, professor of finance and managerial economics. The survey, which is conducted every two years, showed once again that despite the attention being focused on personal finance and economics, young people don't know much about how money works. Go to article. Results of Mandell's survey received considerable media attention, with more than 250 news outlets, nationally and internationally, running articles on the findings. In addition to the Associated Press, Reuters news service and USA Today did articles. Articles also appeared in the Chicago Tribune, CNN, New York Post and Los Angeles Times, among others.