Press Releases

Chicago Public Schools Kick Off New Semester with New Personal Finance Curriculum Developed by the Council for Economic Education

Capstone Course of Financial Literacy Framework Equips Students With Necessary Real-World Skills

For many years, Illinois has placed a high priority on the financial literacy of its students, as one of the first states to implement rigorous economic and personal finance standards. This semester, its largest city continues to raise the bar for school systems nationwide: Chicago Public Schools (CPS) introduces a dedicated personal finance course for 12th-graders with resources developed by the Council for Economic Education (CEE). Read more…

POSTED: January 14, 2013 | BY: Leslie Rasimas | TAGS: , , , , , , , , , ,

High school teachers can win a free Learning, Earning and Investing for a New Generation from H&R Block Dollars & Sense

As teachers, you know personal finance skills are critical to your students’ future success, but educating them in a way that is as intriguing as texting and gaming can be a challenge.

H&R Block Dollars & Sense, which provides personal finance curriculum and scholarships to high schools nationwide, has partnered with CEE to bring additional financial education resources to teachers across America, powered by Gen i Revolution, an online game that provides a fun and motivating learning environment for students. Read more…

POSTED: November 2, 2012 | BY: Leslie Rasimas | TAGS: , , , , , ,

Council for Economic Education Hosts 51st Annual Conference in Kansas City

This week CEE hosts the 51st Annual National Financial Literacy and Economic Education Conference. Held in Kansas City, MO October 4 – 6, with more than 500 educators, industry thought-leaders and Federal Reserve partners convening to address the most important issues and obstacles and honor excellence in financial and economic education.  Among the highlights of this year’s conference are the introduction of a new Common Core alignment initiative and new Voluntary Personal Finance Standards, furthering the CEE’s mission of strengthening the economic and financial education of students from kindergarten through high school.

During the Opening Plenary Session Thursday October 4, with keynote speaker Troy Davig, Senior VP & Director of Research, Federal Reserve Bank of Kansas City, CEE will introduce the Voluntary National Content Standards in K-12 Personal Finance, providing a framework for teaching personal finance in kindergarten through 12th grade. The standards contain the areas of knowledge and understanding that are fundamental to personal finance: Earning Income, Buying Goods and Services, Using Credit, Saving, Financial Investing, and Protecting and Insuring, each of which include benchmarks outlining what a student should be able to understand and examples at the 4th, 8th and 12th grade levels.

Friday, October 5, Doug Sovde, Director, PARCC Instructional Supports & Educator Engagement discusses Common Core: What It Means for Financial Literacy and Economics, announcing a new initiative to align resources in economics and personal finance to the Common Core State Standards in mathematics and English Language Arts. The CCSS were established to bring some uniformity to the varied state curricula, and is one of the most significant forces driving K-12 education today.  But while adoption has been widespread, teachers are struggling with implementation.  As a solution, CEE has proposed developing an easy-to-use tool that easily connects teachers to high-quality lessons in economics and personal finance that will help them to meet the standards laid out in the CCSS.

CEE will also recognize the winners of the 2012 John Morton Excellence in the Teaching of Economics Awards:
Elementary
Kathy Heyse
Sun Valley Elementary School
Monroe, NC

Middle School Level
Timothy Hopfensperger
Tullar Elementary School
Neenah, WI

High School Level
Michael Melvin
Starr’s Mill High School
Fayetteville, GA

For the full list of award winners, visit the website.

 

 

POSTED: October 4, 2012 | BY: Leslie Rasimas | TAGS: , , , , , , , , , ,

Council for Economic Education Promotes Bipartisan Financial Literacy Initiative at Democratic National Convention

This year, the Council for Economic Education (CEE) made its debut appearance at one of the nation’s largest political forums, the Democratic National Convention (DNC).  CEE invited two distinguished groups of panelists to both the DNC and Republican National Convention (RNC) to discuss a single topic: “Financial Literacy: Is Your State Part of the Problem—or the Solution?” but the untimely arrival of Hurricane Isaac led to a cancellation of the RNC event.   Sponsored by Wells Fargo in conjunction with Fidelity and State Farm, and hosted alongside local affiliate North Carolina Council on Economic Education (NCCEE), the DNC event went on as scheduled, advancing a bipartisan initiative to improve financial literacy education. Read more…

POSTED: September 6, 2012 | BY: Leslie Rasimas | TAGS: , , , , ,

Federal Reserve System Prepares Inventory of Archival Records; CEE’s Nan J. Morrison Works with Centennial Advisory Council to Launch Initiative

The Federal Reserve System has just announced plans to offer comprehensive, single-point access to its inventory of historical materials, a valuable resource for researchers, academics, and anyone interested in the chronicle of the nation’s central bank. The inventory will be the first of several initiatives surrounding the Federal Reserve’s double-centennial, with hundred-year anniversaries of the signing of the Federal Reserve Act and the opening of the Federal Reserve Banks in December 2013 and November 2014.

Overseeing the Federal Reserve’s centennial initiatives is the Centennial Advisory Council, comprised of 24 members from the public and private sectors. Working in conjunction with a planning committee chaired by Jeffrey Lacker, president of the Federal Reserve Bank in Richmond, the Centennial Advisory Council will keep the budget for celebration and substantive work on-balance and conduct further educational outreach.  Council for Economic Education’s CEO and President Nan J. Morrison has been appointed as a member alongside honorary co-chairs Paul A. Volcker and Alan Greenspan.

The Federal Reserve inventory will identify materials that are currently available from a variety of sources, including the websites of the Reserve Banks and the Board of Governors, the Federal Reserve Archival System for Economic Research, websites housed at universities, and private collections. It will also include information about material that is not yet available online but is currently being considered for digitization and posting. With improved web access to its texts, photographs, video and audio recordings, the Federal Reserve will enhance transparency, putting its archival records directly in the hands of the public.

As part of its efforts to expand the inventory, the Federal Reserve invites historians, scholars, and all interested members of the public to submit historical sources for inclusion that aren’t listed. The inventory and additional information about the Centennial are available at any of Federal Reserve Bank’s state websites and the official site of the Board of Governors.

POSTED: June 4, 2012 | BY: Leslie Rasimas | TAGS: , ,

Council for Economic Education Provides New Personal Finance Curriculum For Chicago Public Schools

Chicago Public Schools (CPS) has just announced plans to implement a new Financial Literacy Framework to build financial skills at the K-11 level, along with a dedicated personal finance course for 12th-graders created by the Council for Economic Education (CEE). This initiative is the result of a 4-year partnership with CEE and other leaders in finance and financial education, and will provide students with the necessary real-world skills to navigate today’s financial landscape.  This announcement was formally made at last week’s White House Summit on Financial Literacy, where CEE and the school system were recognized for their ongoing efforts to prioritize financial education in our nation’s schools.

CPS’ 12th grade personal finance course is designed to culminate the K-11 skills taught by the Financial Literacy Framework. The one-semester course will use curriculum provided by the CEE, offering seniors both an academic challenge and an education in the real life lessons they need beyond graduation. The capstone course will be introduced to approximately 25 schools in spring 2013, and is expected to reach all district high schools by 2016. Funding by a $1 million grant, courtesy of Discover Financial Services, will also include training for 250 teachers over the next three years.

“We couldn’t be more excited to be part of this important endeavor by Chicago Public Schools,” said Nan J. Morrison, President and CEO of CEE.  “Our graduating seniors are entering college and the workforce woefully unprepared for the real-life financial challenges ahead of them. By providing them with the financial education they need, we hope to change that.”

Additional partners in the development of the Financial Literacy Framework include: Ariel Investments, Econ Illinois and the University of Illinois at Chicago Center for Economic Education, Network for Teaching Entrepreneurship (NFTE), Federal Reserve Bank of Chicago, JP Morgan Chase, National Endowment for Financial Education, CME Group Foundation (Chicago Mercantile Exchange), Chicago Community Trust, Junior Achievement (JA), Illinois State Treasurer’s Office, City Treasurer’s Office, EverFi and the Economic Awareness Council. Money Savvy Generation, CARE, Girl Scouts of America/ Journey World, Illinois Credit Union League and Sargent Shriver National Center on Poverty Law.

About the Council for Economic Education

The Council for Economic Education is the leading organization in the United States that focuses on the economic and financial education of students from kindergarten through high school. CEE trains educators to teach young people the fourth “R”—a real-world understanding of economics and personal finance—so that they will be able to make informed and responsible choices throughout their lives as consumers, savers, investors, citizens and participants in the global economy. Each year CEE’s programs reach more than 55,000 teachers and approximately 5 million students.

POSTED: May 23, 2012 | BY: Leslie Rasimas | TAGS: , , , , ,

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