Highlights from The Christian Science Monitor report:
- "To improve the financial health of students, 17 states have added personal finance requirements to school curriculums over the past five years. Three states – Missouri, Tennessee, and Utah – now require personal-finance courses."
- "Among college students, 55 percent acquire their first credit card as freshmen, and 45 percent are in debt by $3,066 on average, according to a 2003 Senate resolution which asked Bush to declare April as Financial Literacy for Youth Month."
- "Everybody now realizes this is the most reachable moment that we've had in two decades, and that the public is actually listening,"
With April being Financial Literacy Month, SLA will be hosting a financial literacy roundtable discussion to look at a variety of approaches to campus-based financial literacy programs. If you have an innovative program that you would like to have us include, please contact me at firstname.lastname@example.org. With all the money spent to support financial institutions, I would hope that resources are made available too to educate young people on their financial lives too.