Transcript Making the Case report 11`08 at ESU 3

Making the Case for
Financial Education
in Nebraska
November 2008
Bonnie Sibert – [email protected]
2005-06 Enrollments
Public and Nonpublic Grades 9-12
Business
 Business Economics
•
104 courses = 1,757
 Personal Finance
•
263 courses = 4,669
•
213 courses = 3,364
 Introduction to Business
Family & Consumer
Sciences
 Consumer Economics
•
39 courses = 427
 Independent Living
• 186 courses = 2,287
Social Studies
 Economics
•
TOTAL = 18,769
342 courses = 6,265
Appendix B
www.nde.state.ne.us/BMIT/pdf/FinancialEducationStBoardReport12-6-06.pdf
299 schools out of 341 or 87.7% offer
at least one financial education course
Financial Education Courses
Independent Living
Con. Econ
Introduction to Business
1
Business Econ
Personal Finance
Economics
0
20
40
60
80
100
120
140
Appendix B
2005-06
Public and Nonpublic High Schools (9-12) Offering
One or More Courses in Financial Education
1 Course 35.5%
2 Courses 36.1%
3 Courses 22.6%
4 Courses 5.7%
5 Courses 0%
6 Courses 0%
Appendix C
47 public and nonpublic schools require
either a Personal Finance or Consumer
Economics Course for graduation.
Complete report delivered to
State Board of Education 12’2006
www.nde.state.ne.us/BMIT/pdf/FinancialEducation
StBoardReport12-6-06.pdf
Nebraska Career Fields and Clusters Model
Underlying Themes
in the NCE Model
 Entrepreneurship
 Financial Literacy
 Global Perspectives
 Technology Literacy
 Work & Family Literacy
Career Student Organizations
Focusing on
Financial Education
 DECA
 FBLA
 FCCLA
 FFA
Business, Marketing and
Management Career Field
 Finance Cluster
• Accounting
• Banking Services
• Business Finance
• Securities and Investments
• Insurance
Personal Finance
www.nde.state.ne.us/BMIT/Curriculum/personalfinance.htm
 Course outlines for David City, Fillmore Central,
Lincoln East
 Units of study
 Making the Case for Financial Education in
Nebraska: A Report delivered to the State Board
of Education, December, 2006
Financial Education Partners
 Nebraska Financial Education Coalition
 Nebraska Council on Economic Education
 FutureForce Finance
 Federal Reserve Bank
Nebraska Financial Education Coalition
 Partners meet quarterly
 Affiliated with Jump $tart Coalition
• Conducts a national survey through random testing
• 50.8% pass rate in Nebraska compared to 48.3 for
the nation (19 Nebraska schools participated)
 Getting on Board annual conference
• Focuses on policy issues birth to death
 Money Smart Week, November 10-16
FutureForce Finance
 Partners meet quarterly
 Business persons, postsecondary educators
 Developed career education materials for
teachers to use with students
•
www.futureforcenebraska.org/Talent_PP/Finance/resources.html
 Developed 3 dual-credit course models
• College Personal Financial Management
• College Accounting
• College Introduction to Business
Nebraska Council on Economic Education
 Stock Market Game
 Finance Challenge, online competition
 Econ Challenge, online competition
 Virtual Economics CD
 Teacher training
 EcEd Web – ecedweb.unomaha.edu/home.cfm
Federal Reserve Bank
 Provides teachers with free resources
 Partners with Nebraska Department of
Education to facilitate teacher training
 www.federalreserveeducation.org
More Resources . . .
 www.nde.state.ne.us/BMIT - select Online
Resources, Personal Finance
• ABCs of Credit Card Finance
• Financial Calculators
• Practical Money Skills