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As momentum builds nationwide for guaranteed personal finance education, Next Gen Personal Finance (NGPF.org) will bring educators, policymakers, and advocates together at the Massachusetts State House on Monday, July 21 to support Bill S. 2988, and to help shape effective implementation.
This event is sponsored by FICO and held in conjunction with the office of State Senator Paul R. Feeney (D - Bristol). RSVP to attend.
Massachusetts is at a pivotal crossroads for financial literacy. Thirty other states, including neighboring Connecticut, Rhode Island, and New Hampshire, have already committed to standalone personal finance course requirements.
S. 2988, authored by the Joint Committee on Financial Services and sponsored by Senator Paul R. Feeney (D - Bristol & Norfolk) and its companion bill, S. 423, authored by Senator Patrick M. O’Connor (R - First Plymouth & Norfolk), would guarantee every public high school student access to a semester-long personal finance course.
New academic research confirms that standalone personal finance courses are significantly more effective than incorporating personal finance topics into other classes, making this bill a critical step toward real impact for students.
The afternoon will feature a screening of NGPF’s newest short film highlighting the movement for effective financial education, a panel discussion, and a networking reception with educators, policymakers, and industry leaders.
"Teachers turn policy ideals into real life outcomes for students,” said Tim Ranzetta, co-Founder and CEO of Next Gen Personal Finance. “July 21 will bring Massachusetts educators to the table as the Commonwealth moves toward guaranteeing every student an effective personal finance education via Bill S. 2988."
FICO is sponsoring the event as part of its long-standing commitment to financial literacy and consumer education.
“Financial literacy plays an important role in helping individuals understand how everyday financial decisions can shape long-term outcomes,” said Rukiya Kelly, global head of Corporate Impact at FICO. “We are proud to support efforts that expand access to high-quality personal finance education and provide students with the knowledge and confidence to navigate key financial milestones.”
“While the recent K-12 Graduation Council Final Report recommends expanded financial literacy opportunities for students, it falls far short of national standards, which is a separate standalone full semester course in personal finance,” said Dave Floreen, co-chair of the Financial Empowerment Network and former SVP, Government Affairs for the Mass Bankers Association. “Bill S. 2988, filed by Senator Paul Feeney, would ensure that all Massachusetts students, regardless of their school district, would gain those essential life skills. Several national studies confirm that a standalone course provides students with many more benefits than courses where personal finance is embedded in other related subjects.”
To request an interview regarding this event, S. 2988, or S. contact info@npgf.org.
About Next Gen Personal Finance
Next Gen Personal Finance is a nonprofit organization providing free curriculum, professional development, and advocacy to advance effective financial education. NGPF supports more than 140,000 educators nationwide and works with policymakers across the country to expand access to personal finance courses. Learn more at ngpf.org.
Social Media:
Twitter/X: @NextGenPF
Facebook: facebook.com/NextGenPersonalFinance
Instagram: @nextgenpf
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting four billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.
Learn more at https://www.fico.com/en.
Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/.
For FICO news and media resources, visit https://www.fico.com/en/newsroom.
FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
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Former teacher, forever financial education nerd. As NGPF's Director of Teacher Success, Christian is laser-focused on helping the heroic teachers who fuel NGPF's mission to guarantee all students a life-changing personal finance course. Having paid down over $40k in student loans in the span of 3 years - while living in the Bay Area on an entry level teacher's salary - he's eager to help the next generation avoid financial pitfalls one semester at a time.
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