Financial Literacy and High-Cost Borrowing in the United States
---- Acknowledgments ----
We gratefully acknowledge financial support from FINRA Investor Education Foundation. We thank John Wall, Shanthi Ramnath, and participants to the APPAM 2012 Fall Research Conference in Baltimore, MD, for comments. Audrey Brown provided excellent editorial assistance. All errors are the authors' responsibility. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.