National Financial Literacy Challenge Results Are In....

I posted on this topic earlier when the contest was first kicked off.  Here were the results from the spring 2008 contest:

• Among the 46,000 students who took the test in the spring, the average score was 56%; 35 students aced the exam.

The fall 2008 results quite a bit lower as the blurb below indicates:  75,000 took the exam, average score of 52% and 28 students aced the exam.

Here is a table comparing results from the two contests in 2008:

                           

Spring              Fall
Test takers           46,000           75,000
Avg. score               56%               52%
Perfect scores      35 (0.08%)     28 (0.04%)

One bright spot I guess is that the awareness of the challenge contest increased between spring and fall with an increase of almost 30,000 participants.  Now if only the scores were increasing....

The Fall 2008 Challenge is Complete!
Thank you to all the teachers and students who participated in the fall 2008 Challenge. More than 75,000 high school students in the U.S. and at Department of Defense Schools around the world took the Challenge. The average score was 52 percent. More than 18,000 students earned certificates of recognition for scores in the top 25th percentile of all scores. Nearly 400 students earned the National Financial Literacy Award, a medal from U.S. Treasury. (Medal winners answered at least 94 percent of the questions correctly). Twenty eight students earned perfect scores.