According to the survey of Study.com, an online educational platform, 64% of US parents and 67% of college graduates believe that children should be “taught about the future of our economy” by learning about cryptocurrencies and blockchain in schools.
The survey conducted on 210 American college graduates and 884 American parents showed that out of 68% of parents who hold crypto, 64% of parents thought cryptocurrency should be taught in school. While 73% of college graduates who have an investment in cryptocurrency, 67% believe that cryptocurrency should be added to the school curriculum.
The education platform ensures that the parents and college graduates who are taking part in the survey have sufficient knowledge of blockchain technology, cryptocurrency, metaverse, and NFT. Individuals who are deprived of this knowledge are excluded from the survey.
However, both groups disagreed over the subject matter of blockchain, metaverse, and NFT, and only 40% firmly believe that these subjects should be added to the curriculum.
The survey further indicates that college graduates and parents having exposure to cryptocurrency in the form of investment is more inclined to the financial well-being of their children’s education.
Furthermore, according to the survey, more than three-quarters of parents and college graduates who HODL crypto contributed an average of $766 and $1086 to their children’s education from the profits of the crypto investment.
As per the Pew Research Centre, 88% of US residents have at least heard of crypto, while 16% of Americans actually traded and invested in crypto.
Many educational institutions, like the Massachusetts Institute of Technology (MIT) and Harvard University, have recently added such courses. Meanwhile, a UK-based educational crypto course such as challenger bank Revolut’s was completed by 1.5 million people in their first month.
Recently, the University of Cincinnati started teaching about Bitcoin and crypto in their educational program. Simultaneously, Bentley University in Waltham, a city in the U.S. territory of Massachusetts, became perhaps the earliest educational organisation in the country to start accepting tuition fee payments in the form of cryptocurrencies like USDC stablecoin, and Bitcoin (BTC) and Ethereum (ETH).
The Mayor of New York City, Eric Adams, said in a meeting that the local schools should utilise blockchain innovation and digital resources. As per Mayor Adams needed to say in this situation, “We should open our schools to educate blockchain technology, to teach this new approach to thinking.”
Finally, according to the survey results, the two groups said that teaching regarding the “future of our economy” and ways of encouraging an effective money management attitude, enhancing resources, and forming new possibilities was necessary.