I agree it is not new. I have long been a critic of of the public education system in the US for its failing to teach basic financial literacy in high school.

I agree it is not new. I have long been a critic of of the public education system in the US for its failing to teach basic financial literacy in high school. I would be in a much better position today if I would not have screwed up my early 20's due to my ignorance on those topics. I guess I should have not isolated "young people" more said there is a generally lack of economic education in wider population. My parents who are just now retiring, bought into the US SocSec promise, so they had every little savings... Now me and my siblings are supporting them as we are more economically secure (and more economically successful).