Tennessee is one of only 14 states that require high school students to take a course in personal finance, according to CEE’s Survey of the States biennial report.
“Reality Check,” a program sponsored by the Chattanooga, TN Chamber of Commerce, teaches ninth-grade students how to budget their money. The Chattanooga Times Free Press documented the one-day exercise in an effort to bring attention to the need for financial literacy in high school. Read more…
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…
CEE’s Survey of the States is often referenced in articles such as this one from MSN Money, ‘Why Teens Fail at Managing Money.’ Findings from the Survey show that over the last two years, economics and personal finance requirements to graduate high school are slowing and in some cases moving backwards.
Today’s student loan debt is more than the national credit card debt, and if students continue to graduate high school and college without financial literacy, both numbers could continue to climb exponentially.
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With each new year, we ponder the past and prepare for the future. Nan J. Morrison, President & CEO of CEE, looks ahead for our nation’s students in her latest blog post on Huffington Post Education, “To a Happier New Financial Year: Smart Decision-Making Begins in the Classroom.”
Read the full blog post here.
The U.S. Department of the Treasury’s Ready.Save.Grow. campaign today named the four Grand Prize Winners of its nationwide “Save Out Loud” Contest, which captured savings stories from students and families across the country. Treasurer of the United States Rosie Rios will pay a virtual video visit to the winners’ schools to recognize their achievements.
CEE’s President & CEO Nan J. Morrison was one of the official contest judges, along with Rosie Rios, Treasurer of the United States; Van Zeck, Commissioner emeritus, Bureau of the Public Debt, U.S. Department of the Treasury; Beth Kobliner, financial journalist and member of the President’s Advisory Council on Financial Capability; and David Mancl, Director, Office of Financial Literacy, Wisconsin Department of Financial Institutions; State of Wisconsin Jump$tart Coalition Leader. Read more…
Nan J. Morrison, President & CEO of the Council for Economic Education, last week attended Chairman of the Federal Reserve Bank Ben S. Bernanke’s address at the Economic Club of New York.
Bernanke spoke of slow economic recovery, the job market and upcoming fiscal challenges. Below is a full transcript of his remarks courtesy of the Federal Reserve website:
Chairman Ben S. Bernanke
At the New York Economic Club, New York, New York
November 20, 2012
Good afternoon. I am pleased to join the New York Economic Club for lunch today. I know that many of you and your friends and neighbors are still recovering from the effects of Hurricane Sandy, and I want to let you know that our thoughts are with everyone who has suffered during the storm and its aftermath. Read more…
Annamaria Lusardi is the Denit Trust professor of economics and accountancy at the George Washington School of Business.
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