We don’t need no education

In school I learned some of the basics that have really helped me live my life. Geometry, of course. The periodic table. The anatomy of a frog (added bonus: I got to dissect it!). The history of the Spanish-American War. They’ve helped me in many facets of my life—or, at the very least, they’ve helped me win many rounds of bar trivia, so I guess it’s all been worth it.

Of course, I learned nothing about banking or credit, taxes, general health or insurance, to name a few, and I’m pretty sure no one else did, either.

A recent survey of 1,008 U.S. adults conducted for the American Institute of CPAs by Harris Interactive found that more than half (51 percent) could not accurately identify at least one of three common health insurance terms: premium, deductible and copay.