Explosive growth in the number and complexity of financial products available to Americans has far outstripped programs aimed at teaching consumers how to choose and use those products, experts said Wednesday at a financial education conference in Oklahoma City.
Consumers have dozens of options unavailable to previous generations in terms of retirement plans, loans and credit cards, said Karen Murrell of the New America Foundation, a Washington, D.C.-based think tank.
"What hasn't changed is the amount of education people get… more
