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AFSA's Education Foundation was among 30 organizations that participated in this year's second annual "Financial Literacy Day" event held April 22nd on Capitol Hill.
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A nationwide survey conducted for the Jump$tart Coalition for Personal Financial Literacy reveals that for the first time since 1997, high school students are reversing declining scores and are demonstrating increased aptitude and ability to manage financial resources such as credit cards, insurance, retirement funds and savings accounts. Federal Reserve Board Governor Bernanke said that research is an important component of financial education and that "the survey assessing high school students' financial knowledge that the Jump$tart Coalition for Personal Financial Literacy is releasing today is a very useful contribution to that research."
Governor Bernanke's Speech
Jump$tart Press Release
A ground-breaking online personal finance curriculum aimed at the millions of high school students who graduate each year without an understanding of credit cards, budgeting, insurance or other money management fundamentals was today made available to high schools at no cost by the American Financial Services Association Education Foundation (AFSAEF).
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The AFSA Independents Section helped raise $19,585 to benefit the AFSA Education Foundation at its annual conference in Indian Wells, CA. The proceeds will help deliver MoneySKILL, AFSAEF's personal finance course, to high school students.
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AFSAEF is now accepting registrations for the UNC Management Development Program and the National Institute on Consumer Credit Management.
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Laura Levine will become Executive Director of the Jump$tart Coalition for Personal Financial Literacy. Levine, whose appointment is effective April 21st, will replace Dara Duguay, who is joining a major financial services institution to lead a new initiative that will be announced in early April.
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Nearly 300 participants representing corporations, non-pofit organizations, governmental agencies and congressional offices attended.
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