Core Insights - OneMain Financial is expanding its financial education program, Credit Worthy, to reach an additional 500 high schools annually, aiming for a total of 2,000 schools each year through 2029 [1][3] - The program has already benefited over 500,000 students across more than 4,700 high schools, focusing on essential skills like understanding credit scores and managing debt [1][4] - Research indicates that only 30% of high school students understand credit scores, highlighting the need for effective financial education [2] Program Effectiveness - The Credit Worthy curriculum, developed in partnership with EVERFI, teaches practical financial skills, including banking and budgeting [2] - Students participating in the Build: Credit Fundamentals course experienced significant improvements in their understanding of credit, with a 43% increase in acquiring credit knowledge and a 126% increase in managing credit [4] Educational Impact - The program is active in 17% of public high schools across all 50 states, Washington, D.C., and Puerto Rico, addressing the growing requirement for personal finance education in schools [3] - OneMain Financial has committed nearly $300,000 in scholarships for students completing the curriculum, with an additional $300,000 planned through 2029, totaling $600,000 [5]
OneMain Financial Expands Commitment to Financial Education; Credit Worthy Curriculum Will Reach 2,000 High Schools Annually Through 2029