The CFPB has announced that it plans to launch a new Community Financial Education Project in which it will work with public libraries across the country to help them provide free financial information and referrals.  The launch will be the subject of an event hosted by the CFPB’s Office of Financial Education that is scheduled for April 7 and will be streamed live on the CFPB’s website.

The CFPB has said that its goal is to make libraries vital financial education hubs in communities across the country.  The CFPB’s plan to help community resources such as libraries become providers of financial education information makes eminent sense and deserves wide-spread support.