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Washington
High school students challenged on fin. ed.
WASHINGTON (9/14/10)--High school educators have another tool to help with students’ financial education. The Obama administration Monday announced the launch of its National Financial Capability Challenge for the 2010-2011 school year. The Challenge is a voluntary online exam and classroom toolkit that teaches about saving, budgeting, investing, the safe use of credit, and other skills that build a strong basis for financial decisions. In announcing this year’s Challenge, U.S. Treasury Secretary Tim Geithner said financial literacy is not only important to the financial security of American families. "The recent financial crisis taught us an enduring lesson…Ensuring that young people have the skills they need to make wise financial choices today and into adulthood will help us build a stronger foundation for our nation's economic future." In late Fall, educators will be able to download a new "Teacher Toolkit" with ready-to-use lesson plans. The online exam will take place between March 7 and April 8, 2011. Educators and students who score in the top 20% nationally, and those who are among the top scorers in their schools, will receive official award certificates. The administration announcement said it wants to build on last year’s experience--when more than 76,000 students and 2,500 educators in all 50 states participated--and increase that by 15% to 87,000 students and 2,800 educators. Use the resource link for more information.
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