- Center for Financial Literacy

Final Grade

B

85.66%

Download State Fact Sheet Download Final Grade Chapter Download Full Report

Financial Knowledge

C

75.98%

Credit

A-

92.13%

Savings and Spending

B+

88.36%

Retirement Readiness and Other Investing

B+

87.22%

Protect and Insure

C-

70.92%

Financial Knowledge

C

75.98%

Download State Fact Sheet Download Financial Knowledge Chapter Download Full Report

Mean number of correct answers

B-

80.98%

Offered financial education and participated

B

83.76%

Levels of High School Financial Education

F

55%

Credit

A-

92.13%

Download State Fact Sheet Download Credit Chapter Download Full Report

General Credit

B

85.28%

Housing Credit

B

85.57%

Auto Credit

B+

88.11%

Credit Card

D+

69.42%

Student Loan

B+

89.14%

Other Credit

B

85.34%

General Credit

B

85.28%

Download General Credit Chapter

Vantage Scores

C-

72.14%

On Time Payers

B

84.82%

Prime Credit

B

86.75%

Inclusion in Credit Economy

F

55%

Revolving Credit

A+

100%

Utilization

B

83.39%

Bankruptcy

A+

100%

Share Past Due

B

83.02%

Debt Burden

C+

78.57%

Highest Tier Credit

B

85.94%

Housing Credit

B

85.57%

Download Housing Credit Chapter

Loan to Value Ratios

A-

91.49%

Equity Rich

C

75.14%

Homeownership Rates

C+

77.27%

Mortgage Delinquency Rates

A+

97.07%

Foreclosure Rates

A+

99.13%

Have a Mortgage

C-

70.51%

High Cost to Homeowners

B-

80.19%

High Cost to Renters

C-

70.97%

Seriously Underwater Mortgages

A+

100%

Mortgage balance as a proportion of household income

A-

90.64%

Auto Credit

B+

88.11%

Download Auto Credit Chapter

Auto Loan as Portion of Household Income

B

86.38%

Auto Loan Delinquencies

A-

92.99%

Percent of Auto Loans

D+

68.05%

Impact of Auto Insurance Premiumes on Credit Scores

A-

91.52%

Credit Card

D+

69.42%

Download Credit Card Chapter

Always Paid Credit Card Bills In Full

D

63.41%

Carried Balance on Credit Card with Interest Charged

D-

60.82%

Made only Minimum Monthly Payments on Credit Card

D

64.34%

Credit Card Delinquencies

B+

89.48%

Average Credit Card Balance as a Percent of Median Household Income

B

83.19%

Student Loan

B+

89.14%

Download Student Loan Chapter

Graduates with Student Debt

A

94%

Average Debt Balance

C

76.36%

Calculated monthly Payments Prior to Borrowing

B

86.47%

Never Made a Late Payment on your Student Loan

B+

87.43%

Other Credit

B

85.34%

Download Other Credit Chapter

Unpaid Medical Bills

D+

69.26%

Used Alternative Borrowing

D+

69.38%

Took a Loan from a Retirement Account

A

94.04%

Delinquency of Unsecured Personal Loans

A

94.51%

Balance of Unsecured Personal Loans as a Percent of Household Income

A+

99.49%

Savings and Spending

B+

88.36%

Download State Fact Sheet Download Savings and Spending Chapter Download Full Report

Spend less than Income

C+

77.79%

Does not have an emergency fund

C+

77.24%

Unbanked

A+

100%

Underbanked

B-

82.12%

Saving for Children's College

B+

88.07%

Overdraws checking account occasionally

C-

71.2%

Could come up with $2,000 in an emergency

B+

88.25%

Has a household budget

D

65.42%

Has Taken a Hardship Withdrawal from Retirement Account

B

86.04%

Retirement Readiness and Other Investing

B+

87.22%

Download State Fact Sheet Download Retirement Readiness and Other Investing Chapter Download Full Report

Access to a Retirement Plan

B

85%

Take Up Rate of Retirement Plans

B-

80.8%

Tried to Figure Out how much needed for retirement

B+

89.64%

Amount of Income residents will be able to replace in retirement

A+

97.29%

Percent of residents who count on social security for 90+ of their retirement income

A+

97.25%

Invests Outside of Retirement Accounts

C

74.88%

Protect and Insure

C-

70.92%

Download State Fact Sheet Download Protect and Insure Chapter Download Full Report

Percent without Health Insurance

D-

60.41%

Average Face Amount of Life Insurance

B

85.16%

Uninsured Motorists

B-

80.98%

Alaska - 2016

Final Grade

Financial Knowledge

Credit

Savings and Spending

Retirement Readiness and Other Investing

Protect and Insure

Financial Knowledge

Mean number of correct answers

Offered financial education and participated

Levels of High School Financial Education

Credit

General Credit

Housing Credit

Auto Credit

Credit Card

Student Loan

Other Credit

General Credit

Vantage Scores

On Time Payers

Prime Credit

Inclusion in Credit Economy

Revolving Credit

Utilization

Bankruptcy

Share Past Due

Debt Burden

Highest Tier Credit

Housing Credit

Loan to Value Ratios

Equity Rich

Homeownership Rates

Mortgage Delinquency Rates

Foreclosure Rates

Have a Mortgage

High Cost to Homeowners

High Cost to Renters

Seriously Underwater Mortgages

Mortgage balance as a proportion of household income

Auto Credit

Auto Loan as Portion of Household Income

Auto Loan Delinquencies

Percent of Auto Loans

Impact of Auto Insurance Premiumes on Credit Scores

Credit Card

Always Paid Credit Card Bills In Full

Carried Balance on Credit Card with Interest Charged

Made only Minimum Monthly Payments on Credit Card

Credit Card Delinquencies

Average Credit Card Balance as a Percent of Median Household Income

Student Loan

Graduates with Student Debt

Average Debt Balance

Calculated monthly Payments Prior to Borrowing

Never Made a Late Payment on your Student Loan

Other Credit

Unpaid Medical Bills

Used Alternative Borrowing

Took a Loan from a Retirement Account

Delinquency of Unsecured Personal Loans

Balance of Unsecured Personal Loans as a Percent of Household Income

Savings and Spending

Spend less than Income

Does not have an emergency fund

Unbanked

Underbanked

Saving for Children's College

Overdraws checking account occasionally

Could come up with $2,000 in an emergency

Has a household budget

Has Taken a Hardship Withdrawal from Retirement Account

Retirement Readiness and Other Investing

Access to a Retirement Plan

Take Up Rate of Retirement Plans

Tried to Figure Out how much needed for retirement

Amount of Income residents will be able to replace in retirement

Percent of residents who count on social security for 90+ of their retirement income

Invests Outside of Retirement Accounts

Protect and Insure