Are we making the grade? A national overview of financial education and program evaluation

Angela C. Lyons, Lance Palmer, Koralalage S.U. Jayaratne, Erik Scherpf

Research output: Contribution to journalReview articlepeer-review

Abstract

Many financial education providers still do not have a basic level of evaluation capacity and are unable to identify program outcomes and design effective evaluation instruments. It is difficult to propose a national evaluation strategy without a basic understanding of current evaluation capacity and of the critical gaps in program evaluation. In addition, there has been little discussion about the challenges facing financial professionals and educators who are on the "front lines" delivering and evaluating programs. The purpose of this survey article is to address these critical gaps in the literature and to provide an overview of the current state of financial education and program evaluation. Using qualitative and quantitative data collected from financial professionals and educators nationwide, this study provides insight into what can be done to build national evaluation capacity and conduct more effective program evaluations.

Original languageEnglish (US)
Pages (from-to)208-235
Number of pages28
JournalJournal of Consumer Affairs
Volume40
Issue number2
DOIs
StatePublished - Dec 2006

ASJC Scopus subject areas

  • Sociology and Political Science
  • Economics, Econometrics and Finance(all)

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