This October is the first-ever National Economic Education Month! Learn how to celebrate

Economics

Where Does Your State Stand?

Every two years, the Council for Economic Education (CEE) conducts a comprehensive look into the state of K-12 economic and financial education in the United States, collecting data from all 50 states and the District of Columbia. The biennial Survey of the States serves as an important benchmark for our progress, revealing both how far we’ve come and how far we still have to go. There has been notable progress since the first survey was published in 1998, yet the pace of change has slowed. The 2018 Survey of the States shows that there has been little increase in economic education in recent years and no growth in personal finance education.

Research shows that requirements are the main driver of economics and personal finance being taught in schools. CEE works with our nationwide network of affiliates to both advocate for requirements and assist in their implementation. To support local and state advocacy initiatives, we have developed voluntary standards in economics and personal finance, nationally-normed, curriculum-agnostic assessments in economics and personal finance, and an online advocacy toolkit.

You can help strengthen economic and personal finance education by: 

  • Requesting a course in your school or district
  • Calling for more teacher-training
  • Promoting standards and course requirements at the state level.

Where does your state stand?


This piece was published in the Council for Economic Education’s 2018 Survey of the States.

POSTED: February 12, 2018 | BY: CEE Staff | TAGS: , , , , , , , ,

2018 Survey of the States Reveals Slow to No Growth in K-12 Personal Finance and Economic Education

Now in Its 20th Year, Council for Economic Education Study Highlights Wide Gaps in Financial and Economic Education Throughout U.S. States

 

A 2017 study from the American Psychological Association reveals that money is the second leading source of stress in the United States, and the National Institute of Mental Health estimates that 40 million Americans suffer from anxiety, which financial woes can easily trigger. Yet, according to Council for Economic Education’s (CEE) 2018 Survey of the States: Economic and Personal Finance Education in Our Nation’s Schools, financial independence may be out of reach for many because K-12 students are not receiving adequate tools and training to make informed financial decisions; only one-third of the U.S. states require high school students to take a course in personal finance, while less than half require them to take a course in economics before graduating.

Now in its 20th year, Survey of the States findings indicate that progress has been achieved, yet gains have slowed in recent years. CEE will unveil the full results at an event today at George Washington University in Washington, D.C.

Research shows that students in states that require financial education have higher credit scores as well as more responsible spending habits and are less prone to compulsive shopping, reducing their financial risk greatly. However, 2018 Survey of the States findings reveal:

  • The number of states that require high school students to take a course in personal finance (17) has not changed over the past four years.
  • Since 2016, there been no change in the number of states which include personal finance in their K-12 standards and require those standards to be taught.
  • 22 states require high school students to take a course in economics—less than half the country but two more states than in 2016.
  • There has been no change in the number of states that require standardized testing of economic concepts since 2014.

“When we initiated this survey in 1998, only one state required enrollment in a personal finance course while 13 required enrollment in an economics class, so clearly we’ve made some gains. Michigan, Georgia, Utah and Texas are leading the way by requiring personal finance and economics courses to be offered and taken, as well as by implementing state standards and standardized testing,” said Nan J. Morrison, President and CEO of the Council for Economic Education. “However, the majority of U.S. states are failing our students by declining to offer these fundamental courses which are critical to their financial stability and security later in life.”

CEE conducts The Survey of the States: Economic and Personal Finance Education in Our Nation’s Schools every two years. The report collects data from all 50 states and the District of Columbia, and includes commentary from experts and educators in the field to provide a comprehensive look into the state of K-12 economic and financial education in the United States.

The 2018 Survey of the States is available for download at: www.councilforeconed.org/surveyofthestates 

About the Council for Economic Education

The Council for Economic Education (CEE) is the leading non-profit organization in the United States that focuses on the economic and financial education of students from kindergarten through high school—and we have been doing so for nearly 70 years. We carry out our mission by educating the educators: providing the curriculum tools, the pedagogical support, and the community of peers that instruct, inspire, and guide. All resources and programs are developed by educators, and delivered by our national network of affiliates. Our goal is to reach and teach every child. Each year CEE’s programs reach more than 55,000 K-12 teachers and over 5 million students across the United States. EconEdLink – our free, online educator gateway for economic and personal finance lessons and resources – attracts more than 1 million unique visitors annually.

Media Contacts:  

Lisa Fels Davitt
lisa@successioncommunications.com
(973) 886-1917

Kate Alexander
kate@successioncommunications.com
(201) 638-3946

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POSTED: February 8, 2018 | BY: CEE Staff | TAGS: , , , , , , , , , , , ,

“Your support is making a difference” — Teacher Gabriel Tanglao


Gabriel Tanglao headshotHi, my name is Gabriel Tanglao, and I am the proud recipient of the 2017 Alfred P. Sloan Foundation Teaching Champion Award presented by the Council for Economic Education (CEE) for excellence in promoting economic education.

I believe economics education is a vital stepping stone in the climb toward the American Dream. Our role as economics educators is to help these students move to higher ground.

By supporting CEE, you are helping to provide teachers, like me, with the tools and resources that we need to teach our kids about economics and personal finance, so that they can make better decisions for themselves, their family, their communities, and the country.

Please join me in supporting CEE by making a gift today.

Sincerely,

sig
Gabriel Tanglao
10-11th Grade Teacher
Bergen County Technical Schools, Teterboro

POSTED: December 14, 2017 | BY: CEE Staff | TAGS: , , , , , , ,

Wells Fargo Prioritizes Financial Education

studyWe’re proud to announce that Wells Fargo is the presenting sponsor of CEE’s 56th Annual Financial Literacy and Economic Education Conference, which is taking place in Brooklyn, NY, from October 6th-7th.  Thanks to Wells Fargo’s support, CEE will be able to provide K-12 educators from throughout the country with outstanding conference sessions and workshops, networking opportunities, and an impressive roster of guest speakers.

Wells Fargo strives to create a world in which all individuals are financially capable and have the knowledge, skills and confidence to make informed financial decisions. This commitment to promoting financial capability and helping people succeed financially is clear and demonstrated through the free, financial education program: Hands on Banking®. Hands on Banking provides relevant and engaging resources for both individual and classroom learning, all of which are available for free in English and Spanish.

Thank you, Wells Fargo, for making our educator conference possible and for continuing to support our mission to improve financial education!

POSTED: September 25, 2017 | BY: CEE Staff | TAGS: , , , , , , , , , , ,

CEE Report – Summer 2017

In this issue:

summer-CEE-Report-Cover2017 National Economics Challenge
Note From Nan
In the States: Focus on CEE’s National Office, NYC
Financial Literacy Month
56th Annual Financial Literacy and Economic Education Conference
CEE Programs and Activities
CEE Events and Activities
2017 Visionary Awards Dinner

POSTED: August 9, 2017 | BY: CEE Staff | TAGS: , , , , , , ,

Successful Leaders Share Their #MySavingsTip Throughout Financial Literacy Month

For Financial Literacy Month, in partnership with Natalie Zfat, Entrepreneur and Forbes Contributor, we enlisted successful leaders in all different fields such as Mark Cuban, Randi Zuckerberg, Andrew Ross Sorkin, Alexa von Tobel and others to inspire kids to start saving and raise awareness for personal finance and economic education in our nation’s schools. Throughout the entire month, the participants shared their best money-savings tip.

The #MySavingsTip campaign and a handful of participants were featured throughout the month on CNBC, CNBC Make It, Mashable and HuffPost. Here’s a great round-up along with an inspiring video of the campaign from CNBC Make It, Mark Cuban and 24 other leaders and execs offer their No. 1 best money-saving tip.”

It’s true: “you don’t have to be young to benefit from the advice.”

List of Participants:

  • Lo Bosworth, Entrepreneur, Author and Creator of TheLoDown
  • Mark Cuban, Investor, Entrepreneur, Television Personality and Owner of NBA’s Dallas Mavericks
  • Melissa Giannini, Editor in Chief, Nylon Magazine
  • Elizabeth Gore, Entrepreneur-in-Residence at Dell, Chair of the United Nations Foundation’s Global Entrepreneurs Council
  • Kelli B. Grant, Consumer Reporter, CNBC
  • Megan Hess, Mobile Editor, Bloomberg
  • Dan Kadlec, Journalist and Author
  • Brian Kelly, Founder and Editor in Chief at ThePointsGuy.com
  • Beth Kobliner, Journalist and The New York Times Best Selling Author
  • Ron LieberThe New York Times “Your Money” columnist and Author
  • Erin Lowry, Founder at Broke Millennial
  • Dr. Annamaria Lusardi, Denit Trust Endowed Chair of Economics and Accountancy at the George Washington School of Business
  • Kathryn Minshew, Founder & CEO at The Muse, contributor to HBR, WSJ & Bloomberg
  • Nan J. Morrison, CEO & President, Council for Economic Education
  • Brian Page, Teacher, Reading High School, Cincinnati, Ohio
  • Mona Patel, Founder and CEO of Motivate Design
  • Carrie Schwab-PomerantzPresident, Charles Schwab Foundation and SVP Charles Schwab
  • Rosie Pope, Creative Director and Co-Founder of Rosie Pope Maternity
  • Chondra Sanchez, Creative Co-Director and Writer at Evil Ink Comics
  • Chris Siegfried, Mortgage Consultant- HomeStreet Bank
  • Ann Shoket, Author of The Big Life, former editor in chief Seventeen Magazine 
  • Andrew Ross SorkinThe New York Times Columnist/Editor, CNBC Squawk Box Co-Anchor, Author and Creator/Executive Producer of BILLONS on Showtime
  • Alexa von Tobel, Founder and CEO, LearnVest
  • Tara Lynn WagnerNY1 reporter
  • Natalie ZfatEntrepreneur and Forbes Contributor
  • Sam Zises, Founder and CEO, Learned Media
  • Randi Zuckerberg, Founder and CEO, Zuckerberg Media

 

 

 

 

 

 

POSTED: May 4, 2017 | BY: April Somboun | TAGS: , , , , , , , , , , , , ,