This paper and brief, authored by Jeremy Burke, J. Michael Collins, and Carly Urban, estimates the causal effect of required high school financial education on the financial well-being of young adults. Financial well-being includes people’s subjective sense of financial management, as well as their confidence in achieving their unique financial goals. This study shows that … Continue reading Newly Released Paper and Brief: Does State-mandated Financial Education Affect Financial Well-being?
J. Michael Collins
Newly Released Research Brief: Understanding Differences in Financial Well-being Based on Educational Attainment and Gender
With the support of a grant from the FINRA Investor Education Foundation researchers, J. Michael Collins and Carly Urban, conducted a study that examines the financial well-being of young adults through the lens of gender and educational attainment. Using the CFPB's Financial Well-Being Scale, the research contrasts the financial well-being of men and women among … Continue reading Newly Released Research Brief: Understanding Differences in Financial Well-being Based on Educational Attainment and Gender
Faculty Director, J. Michael Collins, weighs in on effects of shutdown on multiple media outlets
The thirty-five day, partial Federal shutdown caused 800,000 employees to miss paychecks. Faculty Director of CFS and Associate Professor of Public Affairs and Consumer Science, J. Michael Collins, provided insight into what this means for many of the workers effected and how this highlights the issues of poverty, financial insecurity, and fragility of many American's … Continue reading Faculty Director, J. Michael Collins, weighs in on effects of shutdown on multiple media outlets
University of Wisconsin-Madison Center for Financial Security 