Supporting Financial Literacy Education In our Local Schools is the Right Thing to Do

Drawing on the success of Chelsea State Bank's partnership with the EverFi -- Financial Literacy Program and the Chelsea and Dexter School Districts, they will continue to offer their financial literacy program during the 2015-2016 school year. Follow-up testing clearly supports their decision....

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Bibliographic Details
Published inMichigan Banker Vol. 27; no. 11; p. 10
Main Author Mann, John
Format Trade Publication Article
LanguageEnglish
Published Lansing Public Relation Enterprises, Inc 01.11.2015
Subjects
Commercial banks
Core curriculum
Education
Financial literacy
Financial management
Government aid
Partnering
School districts
Student loans
Success
Young adults
United States > US
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Summary:Drawing on the success of Chelsea State Bank's partnership with the EverFi -- Financial Literacy Program and the Chelsea and Dexter School Districts, they will continue to offer their financial literacy program during the 2015-2016 school year. Follow-up testing clearly supports their decision. After completing EverFi's financial literacy courses, students are more knowledgeable and better prepared to manage their financial futures. After taking the financial literacy course, Chelsea and Dexter students increased their scores on assessment tests by an average of 69%. Financial literacy is a skill that all young people need to succeed. When these students enter the real world, whether it is college or the work force, responsibly managing their finances is a key to their ultimate success in life.
ISSN:1044-1948