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Enabling Financial Education for Young People with the Goalsetter Foundation

Diverse group of students looking at and holding notes

At TransUnion, we understand education is instrumental for driving financial inclusion, and it's a key starting place for consumers to understand the financial services ecosystem.

Recent research from Goalsetter, a family financial education-focused spending and savings platform, found that undergraduate students at three Top Ten universities overwhelmingly failed financial literacy evaluations. This gap in knowledge highlights the need for improved access to financial education, and we’re committed to expanding access to financial resources for all — including young people in the US.

For the 2023-2024 school year, TransUnion partnered with the Goalsetter Foundation, the charitable arm of Goalsetter working to ensure youth in America know they are worthy of wealth by teaching them how to build it. Together, we supported a pilot program with Montgomery County Public Schools in Maryland through financial literacy and credit curriculum with some of the district’s high school students. Students learned about a variety of topics, including the importance of building credit, having a savings account and investing fundamentals. The program outcomes showed 45 percent growth and 85 percent mastery across nearly 1,900 students — a promising result for the pilot as teachers and students familiarize themselves with the platform and content.

Learn more about our partnership by watching the video below.

 

Our work with the Goalsetter Foundation is one element of TransUnion’s overarching strategy to increase financial inclusion in the communities where we live and work. Learn about our global financial inclusion impact last year by reading TransUnion’s 2023 Sustainability Report or by visiting our website.

Do you have questions? Our team is ready to help.