Office of Financial Education (Sec. 1013)2 of 9Many Americans take pride in the amount of economic freedom and autonomy the free-market system gives its citizens. The flip side of that is that Americans are free to screw up their finances badly, and often do just that.The financial reform law creates a new Office of Financial Education to "improve the financial literacy of consumers" through financial counseling and education programs. The office will publish information for consumers on a broad range of topics, from handling savings accounts and other mainstream financial transactions to financial aid applications for students.« Back to Financial Regulation. Related Articles:Financial reform dissectedBank reform: win or lose?Financial regulation and youConsumer agency createdRelated Links:Obama signs reform billFinance reform: insuranceMortgage changes comingFinReg: free credit scores advertisement
Many Americans take pride in the amount of economic freedom and autonomy the free-market system gives its citizens. The flip side of that is that Americans are free to screw up their finances badly, and often do just that.
The financial reform law creates a new Office of Financial Education to "improve the financial literacy of consumers" through financial counseling and education programs. The office will publish information for consumers on a broad range of topics, from handling savings accounts and other mainstream financial transactions to financial aid applications for students.
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