Money Matters | Kids VT | Seven Days | Vermont's Independent Voice

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Money Matters 

Education: Financial literacy in schools

Published September 1, 2013 at 4:00 a.m.

No parents want to see a "D" on their child's report card. But that's the grade Vermont scored in the National Report Card on State Efforts to Improve Financial Literacy in High Schools, released this summer by Champlain College's Center for Financial Literacy. In fact, "Just 40 percent of states were given grades that you would want your children to bring home from school: grades A or B," states the report. "In too many of our states, our youth receive little, if any, personal finance training in middle school, high school and college." That could change, though, as Vermont and other states align with the Common Core State Standards, which require students to think about real-world math. The report asks: "What's more real than creating a budget, getting a credit card, applying for a loan and saving for retirement?"

National Report Card on State Efforts to Improve Financial Literacy in High Schools: Read the full report at champlain.edu/centers-of-excellence/center-for-financial-literacy/report-making-the-grade.

This article was originally published in Seven Days' monthly parenting magazine, Kids VT.

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About The Author

Carolyn Fox

Carolyn Fox

Bio:
Carolyn Fox was the Seven Days calendar editor from 2009-2012. From 2012-2013, she was the managing editor of Kids VT. She currently works as Special Publications Manager for Seven Days.

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