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High Education, Low Returns: Financial Literacy Challenges for African Americans and Hispanics
Open Journal of Educational Research
| Vol 4, Issue 6
Table 1. Descriptive Data Overall (n = 6229)
| Mean | Std. Deviation | |
| Age (Years) | 48.80 | 15.552 |
| Years of Schooling | 11.07 | 2.278 |
| Number of Chronic Medical Conditions | 1.07 | 1.237 |
| Self-Rated Health | 2.56 | 0.999 |
| Financial Literacy | 9.45 | 3.098 |
| n | % | |
| Sex/Gender | ||
| men | 2727 | 43.8 |
| women | 3502 | 56.2 |
| Race | ||
| White | 5645 | 90.6 |
| African American | 584 | 9.4 |
| Ethnicity | ||
| Non-Hispanic | 5588 | 89.7 |
| Hispanic | 641 | 10.3 |
| Immigrant | ||
| No | 5858 | 94.0 |
| Yes | 371 | 6.0 |
| Working | ||
| No | 2579 | 41.4 |
| Yes | 3644 | 58.5 |
| Missing | 6 | 0.1 |
| Marital Status | ||
| No | 2589 | 41.6 |
| Yes | 3637 | 58.4 |
| Missing | 3 | 0.0 |