Even as many young people are about to start their first jobs or head to college with the prospect of enormous student loans, some often don’t know basic money skills.
Those include understanding the differences between checking and savings accounts, the terms of a credit card or the finances of buying a car, to name just a few topics.
Courses explaining personal finance often aren’t part of a high school curriculum, so many students have to look elsewhere — mainly at home — for answers.
Loyola Marymount University in Los Angeles is trying to help, offering financial literacy “boot camps” for high school students.
David Choi is...