A prominent international assessment of student achievement will include a new topic—financial literacy—when the testing regime is next administered, with results to be released in 2013.
If corporate America's involvement in education is to yield dividends for students, businesspeople and educators must learn to treat each other's ideas and experiences with respect, Joseph Piro writes.
As the nation pulls itself out of the Great Recession, writes David Lapp, maybe it’s time to reinstitute a tradition begun in 1916 that spanned 50 years and hundreds of classrooms: National Thrift Week.
“The earlier a young person learns about using money responsibly, the greater the chance that he or she will adopt sensible money habits and put them to good use for a lifetime," says Lewis Mandell.
As part of an effort to promote the inclusion of financial education in state standards and required courses, the Washington-based nonprofit group Jump$tart Coalition for Personal Financial Literacy, and Citi, a global financial-services company, have mapped whether students are required to study financial education.
Teachers overwhelmingly think that high school students should be taught rudimentary aspects of personal finance, according to a new survey by Americans Well-Informed on Automotive Retailing Economics, a group that promotes consumer education on car financing.
With the collapse of the subprime-mortgage market—and the crisis it has created for the economy—there have been calls for schools to take on yet another task: financial literacy. Many are, apparently, if you consider that more 20,000 high school students in 20 states took the Financial Literacy Certification Test this year, according to WISE, or Working in Support of Education, a nonprofit that promotes financial and business education.
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