High School

Once is Not Enough—Together, Yes We Can

April 23 Once is Not Enough—Together, Yes We CanBy Helen Roberts, Clinical Professor in Economics at UIC and Director, UIC Center for Economic Education

Practice Makes Perfect

How can our children learn the necessary skills and knowledge to be financially literate? Like reading and driving and other important life skills, one try, one course, one time is not enough to be proficient.

To learn to drive a car, students must learn the rules of the road. To drive their financial lives, students need to learn the rules of good financial life, such the importance of saving, budgeting, and protecting their money. Just as reading about driving is not enough, students need to practice as they go. Read more…

POSTED: April 23, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , , , , , , , , ,

Financial Literacy: Its Importance in the (Woman’s) Future

April 22 150x150 Financial Literacy: Its Importance in the (Woman’s) Future

By Kathleen Brennan, 2013 Alfred P. Sloan Foundation Teaching Champion Award recipient.

It goes without saying that today’s females have career opportunities that weren’t available to them a century ago.  The statistics are impressive– according to the U.S. Bureau of Census, females make up 60% of college graduates and the Bureau of Labor Statistics reports that labor participation rates of females have increased from 32% in 1950 to about 57% in 2012. Women have come a long way. The good news is that women have made great strides in breaking the glass ceiling and closing the pay gap; the bad news is that they still lag well behind men in terms of financial literacy. Ignorance in financial matters is particularly concerning since women have unique financial challenges—while many women rely on their husbands “to handle the money”,  the reality is that 90% of women will be solely responsible for their finances at some point in their lives due to the death of a spouse or divorce (Gender Gap in Financial Literacy 2012). Clearly, a man cannot be a “financial plan”. Read more…

POSTED: April 22, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , , , ,

Finalists Announced for the 2013 National Economics Challenge

Eight high school teams have earned a trip to New York City to compete for cash prizes and academic recognition in the 13th Annual National Economics Challenge. The eight teams won both state and Semi-Finals competitions in their respective divisions, defeating over 10,000 students from 40 states to advance to the Finals.

The Challenge offers students two levels of competition on the basis of their course enrollment. Students enrolled in advanced placement, international baccalaureate and honors economics courses entered the Adam Smith Division, and students enrolled in single semester general economics classes competed in the David Ricardo Division.

The Finalist teams are:

DAVID RICARDO DIVISION (single semester general economics students)

  • Carmel High School, Carmel, Indiana
  • Lexington High School, Lexington, Massachusetts
  • Little Falls Community High School, Little Falls, Minnesota
  • Olympia High School, Olympia, Washington

ADAM SMITH DIVISION (AP, IB and honors students)

  • Choate Rosemary Hall, Wallingford, Connecticut
  • Iolani School, Honolulu, Hawai’i
  • Mounds View High School, Arden Hills, Minnesota
  • Richard Montgomery High School, Rockville, Maryland

Teams will compete Saturday, May 18 in three written tests and one critical thinking round to answer questions on complex economic concepts and theories involving micro- and macroeconomics, international economics and current events.  The National Economics Challenge Finals culminates in a quiz-bowl round Sunday, May 19 at the WNET Tisch Studios at Lincoln Center in New York City. The event will be broadcast live, and you can watch on the CEE’s Facebook page.

Students across the country participate in the state and Semi-Final rounds of the National Economics Challenge:

2013 nec finalist teams Finalists Announced for the 2013 National Economics Challenge

POSTED: May 1, 2013 | BY: Leslie Rasimas | TAGS: , , , ,

Are High School Seniors Prepared for Life After Graduation?

discover pfs final logo 300x69 Are High School Seniors Prepared for Life After Graduation?By Leslie Sutton, Vice President of Corporate Communications at Discover

April’s designation as national financial literacy month is significant because it brings necessary attention to the fact that so many Americans today lack the training to manage their personal finances effectively. Discover is committed to addressing that and has been working with CEE to help students.

Our financial education program, Pathway to Financial Success, has helped bring related curriculum into more than 200 schools public high schools across the country since 2012. But more remains to be done. In two months, many students will be graduating. The question is: Are they prepared? Do they have the skills necessary to succeed? Read more…

POSTED: April 24, 2013 | BY: Leslie Rasimas | TAGS: , , , , , , , ,

CEE in the News: Are students interested in learning about money management?

It can be difficult to engage today’s students in the most important subjects, but the latest from U.S.News & World Report, Why Most High Schoolers Don’t Know How to Manage Their Money, sheds light on the desire for students to learn about personal finance, but that many schools are not providing the opportunities for their students. Read more…

POSTED: October 10, 2012 | BY: Leslie Rasimas | TAGS: , , , , , , ,

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