Financial Literacy Education for Immigrants and K-12 Students with Wharton Professor David Musto
Episode Description
David Musto, Ronald O. Perelman Professor in Finance, joins host Dan Loney to talk about a Wharton Stevens Center Spanish financial literacy program for immigrants, financial literacy programs for students, the government’s income driven student loan repayment program, making decisions about 401k at a first job, the social security trust fund, and our ability to influence policy decisions like about social security through voting.
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Brief Summary
David Musto discusses financial literacy education for immigrants and high school students, emphasizing the need for better understanding of financial systems.
Key points
- Financial Literacy for Immigrants. David Musto discusses the need for financial education tailored to immigrant communities.
- High School Financial Literacy Course. Musto oversees a financial literacy course for high school students, aiming to improve their financial decision-making.
- The Importance of Consumer Credit. Musto emphasizes understanding consumer credit as a crucial part of financial literacy for all ages.
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Episode highlights
- Financial Literacy for ImmigrantsDavid Musto discusses the need for financial education tailored to immigrant communities.“How can people be educated about how a financial system works?”1:10Apr 30, 2023
- High School Financial Literacy CourseMusto oversees a financial literacy course for high school students, aiming to improve their financial decision-making.“One of the most generous programs is the income-driven repayment of student loans.”4:23Apr 30, 2023
- The Importance of Consumer CreditMusto emphasizes understanding consumer credit as a crucial part of financial literacy for all ages.“If you could just avoid falling into those traps, your life is just so much brighter.”6:26Apr 30, 2023





