Barua, RashmiKoh, BenedictMitchell, Olivia S2023-05-232023-05-232014-09-012019-06-26https://repository.upenn.edu/handle/20.500.14332/43514We evaluate how financial education provided to college students influenced their financial knowledge and planning in an experimental setting where we control for student motivation to enroll in the course. Using a differences-in-differences strategy, we confirm that financial education led to an increase in financial knowledge and planning. Specifically, we find that financial education improved students’ financial knowledge score by 11%, and financial planning score by 16%. No statistically significant effects are detected for students’ levels of financial prudence or discipline.Opinions and errors are solely those of the authors and not of the institutions providing funding for this study or with which the authors are affiliated. ©2014 Barua, Koh, and Mitchell. All findings, interpretations, and conclusions of this paper represent the views of the authors and not those of theWharton Schol or the Boettner Center. © 2014 Boettner Centeof the Wharton School of the University ofPennsylvania. All rights reserved.EconomicsWorking Paper