HARRISBURG, Pa. (4/29/13)--More financial education is needed in Pennsylvania's public schools, according to a report from a Pennsylvania Task Force on Economic Education and Personal Financial Literacy Education.
Mike Wishnow, Pennsylvania Credit Union Association (PCUA) senior vice president of communications and public relations, served on the task force (Life is a Highway April 26).
"I'd like to commend the task force for its hard work and strong recommendations to increase financial education for all Pennsylvania school children," said Jim McCormack, PCUA president/CEO. "Pennsylvania's credit unions have been actively engaged in financial education with their members, in schools, and in communities for the past several decades."
More consistency is needed in financial education within Pennsylvania's 500 school districts through personal finance graduation requirements, funding for standard curriculums and teacher training, and curriculum guidelines, the report suggested.
The task force spent 14 months studying research, best practices and trends in financial education to make the recommendations on how to improve financial education in the state's schools.