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Accession Number
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PB2012-113984
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Title
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Financial Literacy: Overlap of Programs Suggests There May Be Opportunities for Consolidation.
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Publication Date
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Jul 2012
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Media Count
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60p
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Personal Author
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N/A
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Abstract
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The federal government spent about $68 million on 15 of the 16 financial literacy programs that were comprehensive in scope or scale in fiscal year 2010; cost data were not available for the Consumer Financial Protection Bureau (CFPB), which was created that year. In addition, about $137 million in federal funding in four other major programs was directed to housing counseling, which can include elements of financial education. Since fiscal year 2010, at least four of these programs have been defunded and CFPB has received resources to fund its financial literacy activities.
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Keywords
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Banking
Consolidation
Consumer protection
Education
Financial management
Housing
Literacy
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Source Agency
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General Accounting Office
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NTIS Subject Category
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96F - Banking & Finance
96D - Consumer Affairs
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Corporate Author
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Government Accountability Office, Washington, DC.
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Document Type
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Technical report
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Title Note
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N/A
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NTIS Issue Number
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1225
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Contract Number
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N/A
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