People vary in their willingness to obtain more education or training because these decisions involve incurring immediate costs to obtain possible future benefits. Discounting the future benefits of education and training may lead some people to pass up potentially high rates of return that more education and training may offer.
Standard detail
3.
Benchmark
Depth 1Parent ID: D227DDFE6F064BC2B20DDDCEBB2EF677Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 3.
- List ID
- 3.
- Standard ID
- 384CE6DAF01A4DBE81888ECCFC246D2E
- ASN identifier
- S2604518
- Subject
- Financial Literacy
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- D227DDFE6F064BC2B20DDDCEBB2EF677
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US