Microsoft Word Ed Horwitz Post Dissertation Fina docx

 Literature Review 
 Theoretical Framework and Hypothesis   
 
In this section, two theories are introduced: adult learning theory (ALT), which is used to 
guide our financial education program, and human capital theory, used in the definitional 
framework for financial literacy. ALT helps us better understand how people assimilate new 
information and acquire new skills, through a deeper understanding of how learning occurs. In 
order to measure and test the association between a financial education program and financial 
literacy, a conceptual framework for financial literacy will be utilized.