Schools in the News

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Mar 29, 2018
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Schools In News, Lesson Idea, Advocacy, Investing
  • Personal finance class at Lee Middle and High School a sound investment for the future (The Berkshire Eagle)

This fall, Tom McCormack had seniors in his classroom at Lee Middle and High School who could make the honor roll, lead sports and community activities, and are all planning to graduate with colleges and careers in mind. But, many of them have been struggling to figure out how to do their own taxes, shop for an insurance plan and prepare for managing a student loan.

Alex Todd has advocated for a financial literacy graduation requirement for 10 years. Monday night, the state of Kentucky moved another step closer to making that requirement a reality. The state Senate voted 35-3 in favor of House Bill 132, which was sponsored by state Rep. Jim DuPlessis, R-Elizabethtown. “It’s a huge step,” said Todd, who teaches financial literacy at Elizabethtown High School.

  • Texas students get a leg up on money management at Dallas Fed financial literacy competition (San Antonio Express-News)

Meet Jack and Diane, two American kids looking forward to heading out in the world as a married couple with advanced degrees, secure jobs and, eventually, two kids and a pink house. The problem? Jack had to help his family with Hurricane Harvey recovery and still has a semester of college left to go. He’s also got $40,000 in student loan and credit card debt.

Induja Kannan is majoring in finance, but that doesn’t mean she knows how to manage her own finances. To fix that she signed up for Georgia Tech’s new personal finance course. The one-credit elective shows students how to set a budget and manage expenses. It includes a focus on investing at an early age.

 

 

 

About the Author

Laura Matchett

After graduating with an education degree and spending 7 years in an elementary classroom, Laura made the switch to the non-profit world and loves interacting with students, educators and business professionals across the country. She is passionate about all students having access to high quality education and views personal finance education as one way to ‘level the playing field’. When Laura is not locating or creating high quality educational resources, you can find her mountain biking or searching for the best ramen in town!