Educational Solutions for Financial Troubles: Policy Diffusion in Personal Finance Education Policy
Issue Date
2013-05-31Author
Bright, Chelsie Lynn Moore
Publisher
University of Kansas
Format
24 pages
Type
Thesis
Degree Level
M.A.
Discipline
Political Science
Rights
This item is protected by copyright and unless otherwise specified the copyright of this thesis/dissertation is held by the author.
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Show full item recordAbstract
Recently many states have begun to adopt policies that require public schools to provide personal finance education (PFE) in their curriculum. However, it's not clear whether states are responding to perceived problems with young adults or that they are simply following fashionable policy trends. For example, in 1998 only 1 state required high school students to take a personal finance course, by 2009, 13 states had adopted this policy. I utilize a general model of state diffusion of innovative policies to understand state adoption of PFE policies. Analyzing state adoption of PFE polices from 2000-2010, I explore whether states are adopting PFE policies due to an internal problem environment, or as a result of neighboring and regional influences. I utilize cross-sectional time-series methodology to test specific hypothesis. My research builds on three related bodies of scholarship; the literature on policy innovation and diffusion, education policy literature, and the literature analyzing personal finance education policies.
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