March 13, 2023
In 2019, NEFE awarded a grant to Knology to develop an open-access database and mapping tool to show state-level investments in financial education initiatives. Despite more states mandating financial education as a requirement for high school graduation, there was no prior data on the important variable of historical spending on financial education by state and year. They combined the data with data from the Federal Reserve Board’s Survey of Household Economics and Decisionmaking (SHED) and analyzed outcomes such as income volatility, comfort managing assets, and foregone medical care due to costs.
To further utilize this new database, NEFE and Knology offered an exclusive fellowship program for a small group of emerging scholars to contribute to the next wave of research. Fellows used the tools developed by Knology to conduct their own research projects, and NEFE hosted a series of webinars to feature their work. Below, you’ll find recordings of the four sessions, the first of which is a demonstration of the tools by the lead researcher on the Knology grant, Dr. Joseph de la Torre Dwyer. The other three sessions feature the fellowship participants and their projects.