Review of Contemporary Business Research

Reimagining Personal Finance Curricula: The Reach of HBCUs And the Power of Storytelling
Hope Elizabeth Dameron, DBA, MBA

Abstract
To date Americans still have common deficiencies in matters of financial literacy (Giovanetti, 2021). Is there any student, regardless of location, gender, or economic status, across all fields of study, that would not benefit from a basic working knowledge of how to manage their personal finances? And if this statement is true, why are we still lacking in legislation to promote personalfinance to be a mandatory course required for all high school graduates (Council for Economic Education, 2020)? To close this gap in financial literacy it is now time to also consider making personal finance curriculamandatory in our colleges and universities. Specifically,in Historically Black Colleges and Universities (HCBUs) where more minorities earn degrees and represent an audience who are likely to be less financially literatethan their peers (Gordon et al., 2021; Walker 2017).This review explores the creation of new personal finance curricula for HBCUs to implement with an effort to improve the level of financial literacy among the large population of minority students who attend.

Full Text: PDF     DOI: 10.15640/rcbr.v9n1-2a3