FEI

Ross partners with UC for financial education

By Richard O Jones, Staff Writer Updated 7:59 PM Monday, December 5, 2011

ROSS TWP. — The Ross Local School District will partner with the Economics Center at the University of Cincinnati to create curriculum for students on dealing with financial matters.

Ross Local School District is Dedicated to the Financial Education of their Students

Ross Local School District has a strategic approach to meeting the new state standards outlined in the Ohio Core, Senate Bill 311 mandate for the financial education of their students. This approach includes partnering with the Economics Center at the University of Cincinnati to implement a plan to best meet the new state requirements.

Learning in Action: Join us and Witness Students Learning Essential Skills for the 21st Century

Cincinnati- During the month of May, the Economics Center will be hosting three events at the University of Cincinnati that will showcase students’, grades 3-12, knowledge in financial education. Our programs teach students the essential skills to compete in the 21st Century and given the recent economy, it’s critical that students learn the fundamental concepts of personal finance and economics. Join us for the following events and be impressed with what these students are learning:

Stock Market Game (SMG) Portfolio Challenge

Mason teacher honored as Financial Education Teacher of the Year

The University of Cincinnati’s Economics Center honored Mason High School teacher Cindy Donnelly earlier this month with its Financial Education Teacher of the Year award.

Donnelly, the chair of Mason’s technology and business department, was nominated for the award by Randy Doughman, the district’s secondary technology curriculum leader, for her contributions to education outside of the classroom.

State Farm Grants $10,000 to Mt. Healthy Schools: Check Presentation

For Immediate Release:

John Morris, Director of the Economics Center at the University of Cincinnati, will bring laptops and a software simulation program called MicroEnterprise to Mt. Healthy Jr./Sr. High School to teach students a financial lesson on how to start a business. State Farm Insurance will support that financial literacy lesson with a check to Superintendent Lori Handler for $10,000.

What are the Costs of poor Financial Literacy?

Academic institutions and governmental offices regard financial literacy as crucial to societal stability as well as to corporate profitability1. The true magnitude of the impact of poor financial choices on our community is difficult to measure.

  • One widely cited study of the relationship between financial literacy and worker productivity2 (Joo and Garman, 1998) estimates that “a worker with financial problems spends 15 minutes per day dealing with personal financial matters,” resulting in an annual loss of 62.5 hours of worker productivity.

Impacting the Financial Education of our Youth

Teaching financial literacy skills to students who are about to enter the workforce is critical; this investment can create a better economic environment for our communities and the skills allow students to compete in the 21st century marketplace. The Economics Center has been working with K-12 schools on this goal for over 33 years. Our experience has taught us what components are necessary to build a good educational foundation of personal finance skills; the critical components are a good teacher and a good curriculum. But, what makes a good teacher? What makes a good curriculum?

Schools Slow to Embrace Financial Literacy

Starting with this year's high school freshmen, all Ohio students must receive financial literacy education to graduate.

But some area schools are slow to embrace the new law, a University of Cincinnati educator contends.

"There are schools we offered services to that said, 'No thank you.' I'm not sure that they aren't in violation of the law," said John Morris, chief operations officer of the UC Economics Center for Education & Research. "Others embrace it. They teach it with high levels of rigor. We're hoping to get more schools to embrace the idea that this is critical."

Get Involved in teaching Financial Education

Teaching Finances More Important Than Ever

Syndicate content