"It is time to acknowledge the serious problem of financial illiteracy. We must incorporate a financial literacy curriculum in all our schools. We must increase the number of financial education programs for adults and seniors. We must have an aggressive education campaign about the EITC. Through a sustained collaboration between government, non-profits and industry, we can give people the financial tools to navigate our complex financial world today. Let’s stop churning out generation after generation of financial victims, where more people file for bankruptcy than graduate from college."
California Assembyman Ted Lieu and John Hope Bryant