Press Room

USA Today News Coverage

The FINRA Foundation collaborated with USA Today to publish its research, "The State of U.S. Financial Capability," through a series of articles highlighting the financial struggles many Americans face.

Press Releases

Financial Prosperity Eludes Many Americans Despite Growing Economy and Declining Unemployment
Thursday, June 20, 2019
As the gap between the Haves and the Have-nots continues to widen, cash-strapped Americans are failing to save money, struggling with student loan debt and facing decreasing financial literacy, despite economic growth and declining unemployment over the past 10 years, according to new research from the FINRA Investor Education Foundation (FINRA Foundation). The study, "The State of U.S. Financial Capability," finds that key indicators of financial capability are no longer improving in step with the economy.
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FINRA Foundation Honors Outstanding Research on Financial Capability in the United States
Friday, May 18, 2018
The FINRA Investor Education Foundation today announced the recipients of two higher-education awards created to recognize outstanding analysis by researchers-in-training using data from the FINRA Foundation's National Financial Capability Study.
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Women Trail Men in Financial Knowledge, but The Gap is Closing for Millennials
Wednesday, March 28, 2018
The FINRA Investor Education Foundation today released a new study that shows across three generations and a six-year period, the financial literacy of women is lower than the financial literacy of men, though this gender-based gap is narrowing for millennials. This study also finds that women have lower levels of investor literacy than men, and that women are offered financial education at lower rates than men.
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First-Ever National Study Finds Veterans Faring Slightly Better Financially than Civilians
Friday, September 15, 2017
The FINRA Investor Education Foundation today released a new study that shows veterans are faring slightly better financially than civilians, even as they struggle under the weight of credit card debt and underwater mortgages.
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Survey Shows High Levels of Financial Distress and High Use of Alternative Financial Services Among American Indians and Alaska Natives
Thursday, April 6, 2017
The FINRA Investor Education Foundation and First Nations Development Institute today published the nation’s most comprehensive analysis of the financial capability of American Indian/Alaska Natives, including the financial behavior, attitudes and knowledge of Native peoples. The report, Race and Financial Capability in America: Understanding the Native American Experience, shows that Native Americans—even more so than other minority populations—face difficult financial circumstances and experience high levels of financial fragility.
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FINRA Foundation Publishes In-depth Analysis of U.S. Investors
Tuesday, December 13, 2016
The FINRA Investor Education Foundation announced today the results of its Investors in the United States 2016 report, which provides a detailed analysis of 2,000 survey respondents from across the United States who hold investments in non-retirement accounts. The Investor survey is a new component of the FINRA Foundation's National Financial Capability Study, one of the largest and most comprehensive financial capability studies in the country. Researchers explored topics such as investors' relationships with financial professionals, understanding and perceptions of fees charged for investment services, usage of investment information sources, attitudes towards investing and investor literacy. The survey's full data set, methodology and related questionnaire are available at
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Study Finds 1 in 3 Student Loan Holders With Payments Due Are Late With Payments and More Than Half Regret Their Borrowing
Data Shows Many Borrowers Don't Understand Loans They Obtain
Monday, November 14, 2016
Nearly half of young Americans start their working lives with student debt, and 43 million Americans carry student loans. A new study by the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business found that many borrowers are struggling to make student loan payments and regret their borrowing. Researchers used data from the FINRA Investor Education Foundation's 2015 National Financial Capability Study (NFCS) to issue the student loan brief summarizing key findings about student loan debt and its implications for the borrowers and for the economy as a whole.
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Americans' Financial Capability Growing Stronger, but Not for All Groups: FINRA Foundation Study
Tuesday, July 12, 2016
While Americans as a whole are feeling less financial stress, making ends meet remains a daily struggle for millions of Americans—particularly women, millennials, African-Americans, Hispanics, and those lacking a high school education, according to the National Financial Capability Study, released by the FINRA Investor Education Foundation. The Study measures four key components of financial capability—making ends meet, planning ahead, managing financial products and financial knowledge and decision making.
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Some Demographic Groups Under-Represented Among Investor Households, FINRA Foundation Research Finds
Wednesday, September 30, 2015
More than 3 in 10 U.S. households own taxable investment accounts, but black and Hispanic households are significantly less likely than white households to hold taxable accounts, according to A Snapshot of Investor Households in America, a new report issued by the FINRA Investment Education Foundation. Millennial households and those headed by single women also have low taxable account ownership rates.
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FINRA Foundation Study Reveals Financial Vulnerability of American Renters
Thursday, October 9, 2014
The FINRA Investor Education Foundation released a new study, American Renters and Financial Fragility, which highlights the financial vulnerability of renters. American Renters reveals that renters tend to be less financially stable than homeowners, have lower rates of financial literacy and are more likely to experience a large drop in income. The findings suggest that, given their financial fragility and low levels of financial literacy, the renter population could have a difficult time responding to income shocks and the financial consequences associated with them.
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FINRA Foundation Study Finds Millennials Struggle Financially
Monday, March 10, 2014
The FINRA Investor Education Foundation’s new study, The Financial Capability of Young Adults—A Generational View reveals that millennials display low levels of financial literacy, engage in problematic financial behaviors and express concerns about their debt.
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FINRA Foundation Releases Military Financial Capability Survey
Tuesday, December 3, 2013
The FINRA Investor Education Foundation (FINRA Foundation) today released the results of the National Financial Capability Study's Military Survey at an event featuring Holly Petraeus, Assistant Director for the Office of Servicemember Affairs at the Consumer Financial Protection Bureau; Melissa Koide, Deputy Assistant Secretary for Consumer Policy at the U.S. Department of the Treasury; Commander Peter Hoegel, Jr., Deputy Director of the Department of Defense Office of Family Policy/Children and Youth; and FINRA Foundation President Gerri Walsh.
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FINRA Foundation Releases Nation’s State-by-State Financial Capability Survey
Wednesday, May 29, 2013
California, Massachusetts and New Jersey Most Financially Capable; Mississippi, Arkansas and Kentucky Near Bottom
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To view state-specific press releases, click here.

FINRA Foundation Releases Nation's First State-by-State Financial Capability Survey
Wednesday, December 8, 2010
The FINRA Investor Education Foundation (FINRA Foundation) today launched a dynamic interactive Web resource to display the results of America's first State-by-State Financial Capability Survey, which was also released today.
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Media Inquiries

Please direct all media inquiries to the FINRA Investor Education Foundation.
1735 K Street, NW
Washington, D.C. 20006-1506

The Financial Capability Top 10

Key Findings from The State of U.S. Financial Capability
2018 Top 10


Join us as we discuss the financial capability of Americans.

Part I: Does a Rising Tide Lift All Boats?
Part II: Tracking Shifting Currents of Financial Well-Being


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