In a debate over whether teaching financial literacy in high schools should be mandatory, a panel of education experts claimed that students who learn about finance are more likely to manage their money wisely in adulthood. They cite surveys showing that young adults who received financial education reported having fewer debts and higher savings compared to those who did not.

However, some critics argue against making financial education mandatory, suggesting that the correlation between financial literacy and better financial outcomes does not imply causation. They claim that other factors, such as family background and personal motivation, may play a more significant role in financial behaviors.