Financial Education
Curriculum
Opinion
Don't Give Up on Personal-Finance Education
“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.
Education Funding
News in Brief
Financial-Literacy Requirements
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.
Education
Teachers Encourage Financial-Literacy Instruction
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.
Curriculum
Subprime Financial Education?
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.
Education
Financial Literacy for First Graders
We hear a lot about hands-on lessons in science and technology, but it's not often that we hear about those kinds of experiences in other subjects. This AP story is about a financial-literacy program in a public elementary school in Chicago that gives $20,000 to each 1st grade class to invest in stocks. The kids get to choose and manage the stocks, and in the process learn financial literacy skills such as how to open a bank account, save money, and invest. Here's a little more about how the program works:
Federal
Flagging Economy Propels Financial Education
Concerns about the foundering economy are helping to highlight the need to improve students’ understanding of money matters.
Education
Report Roundup
Financial Literacy
Ninety-five percent of middle and high school teachers believe financial literacy is important to teach in schools, a survey has found.
Education
Financial Literacy in Schools
States have been increasingly active in their efforts to promote financial literacy among students.
Education
Report Roundup
Financial Literacy
High school seniors who participated in a recent survey to gauge knowledge of personal finance and economics answered only 52.4 percent of the questions correctly.
Education
The State of Financial Literacy
Educators, policymakers, and parents are actively looking for ways to improve the level of education and professional development high schoolers are receiving. But what about personal finance? What good is a source of income if that income can't be managed? In a recent poll of over 5,000 high school seniors in 37 states, the Jump$tart Coalition for Personal Financial Literacy found that, while respondents showed minimal improvements from the previous year, on average students were able to answer only a little more than half of the survey questions correctly. (Microsoft Word required)
Education
Report Roundup
High School Seniors’ Financial, Economic Literacy Tracked
High school seniors who participated in a recent survey to gauge knowledge of personal finance and economics answered only 52.4 percent of the questions correctly.
Curriculum
Exit Strategy
Like most educators, Dan Otter knew nothing about planning for retirement. Then he did some homework. Now he's advising colleagues on their investment options.
Curriculum
Camps Let Aspiring Entrepreneurs Learn by Doing
An increasing number of business-themed summer camps are teaching teenagers entrepreneurship and financial literacy, among other things.
Curriculum
Financial-Literacy Challenges Seen
Financial education in the nation’s schools seems to have taken one step ahead and a half-step back.