Can you figure out the amount of money you would owe on your loan after one year of interest? If not, you are part of about two-thirds of Americans who can’t pass a basic test of financial literacy.

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

Test your financial literacy with this 5-question quiz from FINRA Investor Education Foundation; 63% of Americans got three or fewer answers correct out of five pretty easy questions. Worse, the ...

A New Jersey law that went into effect Jan. 1 to address an ongoing teacher shortage by eliminating certain testing required of aspiring teachers has created a social media frenzy of confusion amid ...

A major laborers’ union with a large Hispanic immigrant membership is using an English literacy test to disqualify candidates from running for leadership positions in the union. The English competency ...

“We are creating a new generation of illiterates.” With those words, Robert Barnes, an official of the U.S. Department of Education, last week released a chilling analysis of a basic literacy test ...