A survey conducted by Gallup and the financial literacy empowerment nonprofit Operation HOPE, found that one-third of American students do not believe in the American Dream of owning their own home. And 40% do not believe that staying in school and getting a good education will help them earn more money.

The findings of the Gallup-Operation HOPE Financial Literacy Index (GOHFLI) measures a youth's understanding of basic financial matters and how that awareness translates into an overall sense of hope, engagement and wellbeing.

Initial findings established that among the two-thirds of students who believe in the American Dream, 66% of students strongly believe that they will go to college in the future and buy their own home.

About 57% believe their parents are saving money for their future.

Gallup Chairman and CEO Jim Clifton and Operation HOPE Founder, Chairman and CEO John Hope Bryant said the findings show an extreme need for financial literacy interventions at all levels of education.

Clifton added that "a financially literate youth with a dream will be more hopeful and kids who are more hopeful will be more engaged in life, which could lead to less kids dropping out of high school and more kids pursuing their dreams."

Bryant said that he believes "our kids are dropping out of high school because they don't believe education is relevant to their futures." He added that we need to "make education relevant and show kids how to prosper, succeed, or even get rich if that is part of their dream. Bryant explained that financial literacy or what we call 'the language of money,' is a practical and tangible lesson that can empower youth to plan for their futures today.

Gallup polled over 500,000 students across the country and then asked in depth questions to 642 students between the ages of 10 and 18. The results have a sampling error of five percent in either direction.