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.
CEE recently released an interactive Survey of the States to complement the biennial report, and the interactive website has been nominated for an Awwward!
Awwards is one of the most prestigious design honors, and their site is a top destination for viewing the web’s best and most creative sites.
Help support the interactive Survey of the States, which shares information on economic and personal finance education in the 50 states, by voting for www.surveyofthestates.com.
To Vote:
Click on this link: http://www.awwwards.com/best-websites/survey-of-the-states
1. Look for the word User Vote to the right of the map, then click on the # 10 (which is the highest rating, assume you agree!) in the row of numbers 1-10 below it and to the right of the map.
2. It will ask you to log-in via social media or you can create an account.
3. You will need to log in and then you can vote.
4. It will let you know when your vote is accepted.
5. You can only vote once.
6. The site is coy about the deadline; voting can range to a week or a month plus. So it’s best to vote now to avoid missing the deadline.
PricewaterhouseCoopers, LLP and Knowledge@Wharton High School Co-host First Seminar for High School Educators on Business and Financial Responsibility
PwC and Knowledge@Wharton High School (KWHS) are proud to co-host the first PwC and KWHS Seminar for High School Educators on Business and Financial Responsibility, a three-day, intensive learning experience where educators can deepen their knowledge and teaching skills about financial literacy and business. Read more…
Report on State of Financial and Economic Literacy Goes Digital at 51st Annual Conference
This week CEE launches an interactive, fact-filled resource based on its biennial Survey of the States: Economic and Personal Finance Education in Our Nation’s Schools.
Released last March, 2011’s Survey of the States documented the state of economic and personal financial education in all 50 states and the District of Columbia, showing that while progress has been made since the first survey in 1998, the trend has recently begun to slow—and in some cases even move backward. Now, CEE has created a digital resource from the Survey’s findings, offering useful information and access to essential teaching tools.
The digital Survey of the States takes users on a visual, interactive journey, walking them through the cost of financial illiteracy, the current state of financial and economic education, along with its benefits and the challenge of implementing it, and finally, how to take action. With links to CEE’s teacher tools like lesson plans, online games and state resources, the interactive Survey of the States does more than point out the problems: it also offers solutions.
Visit www.surveyofthestates.com to explore the interactive Survey of the States.
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.
A recent article in The Motley Fool, Why Financial Education Must Be Taught in Our Schools, takes data from CEE’s Survey of the States and looks at the real lack of financial literacy and personal finance education in our country.
Data from the Survey:
What does this mean for the future of our country when so few students are getting the education they need to be financially fit? The Motley Fool’s Jason Moser examines that question in his article, available here.
Annamaria Lusardi is the Denit Trust professor of economics and accountancy at the George Washington School of Business.
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