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Read NGPF's school-by-school analysis of financial education in America today
Chicopee Comprehensive High School students are learning real life lessons, such as how to stay out of debt when they grow up. Every year for the last nine years, the school has been setting aside an entire day to educate 11th graders on financial literacy. It is called the “Financial Literacy Day Challenge.” They learn about making a household budget; paying the mortgage, the grocery bills, and when they marry, the cost of day care.
Ontario is rolling out pilot projects at 28 high schools aimed at revamping the Grade 10 careers course and laying the groundwork for financial literacy to become part of the curriculum.
“For my retirement — my favorite ‘R’ word — if I save 6 percent per month, with a 3 percent employee match, I will save $195.42 per month,” noted Amherst Regional High School student Oliver Brubaker, scratching figures in a small booklet.
A financial literacy program at the University of Indianapolis aims to teach young adults not just how to manage their money, but how to understand its value. Dollars and $ense, a partnership between UIndy and 100 Black Men of Indianapolis, has educated hundreds of students since its debut in 2002.
On Thursday, April 12, students at Liberal High School, will participate in FutureNow: Finance a financial literacy program of Communities In Schools of Mid-America. FutureNow: Finance is supported by the Office of the State Banking Commission and Kansas Securities Commission. FutureNow: Finance is an exercise that helps students understand some of the “realities” involved in preparing for an employable future and adulthood. The FutureNow: Finance event will be held in the high school during the school day.
After graduating with an education degree and spending 7 years in an elementary classroom, Laura made the switch to the non-profit world and loves interacting with students, educators and business professionals across the country. She is passionate about all students having access to high quality education and views personal finance education as one way to ‘level the playing field’. When Laura is not locating or creating high quality educational resources, you can find her mountain biking or searching for the best ramen in town!
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