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Teaching Financial Literacy in a Credit Card Nation
The subprime crisis certainly highlighted the need for American consumers to become more financially literate. But who defines financial literacy? And what makes someone an expert? Mike Konczal at Rortybomb asks these and other questions regarding financial literacy education — a subject TWI has also been looking into lately.
Did you know that since 2003, when [...]
Credit Monitoring Rip-Offs More Proof of the Need for Financial Literacy
Just as we wrote about the pressing need for financial literacy among consumers as credit tightens, The New York Times reports on the government’s efforts to combat those “free” credit report firms, which charge people for a service they are entitled to get for free.
On television it’s hard to miss the wildly popular band of [...]
Durbin and Grassley Introduce H1B Visa Reform Bill
Responding to growing concerns about immigrants displacing U.S. workers, assistant Senate Majority Leader Dick Durbin (D-Ill.) and Sen. Chuck Grassley (R-Iowa) today introduced the H-1B and L-1 Visa Reform Act, designed to preserve the controversial H-1B program that allows U.S. companies to hire foreign workers, but to limit its abuse.
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