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Fin-ed mandate nears CUs reach out to Ohio schools
DUBLIN, Ohio (8/7/08)--The Ohio Credit Union League and Ohio credit unions are working with public high schools in the state to help the schools meet an upcoming financial education mandate. The league sent more than 800 letters to guidance counselors reminding them that all public high schools will be required to include financial education in their curricula by 2010. “Together, credit unions and educators can propel young people to a promising financial future,” wrote Laura Busque, league outreach manager, in a letter to the counselors. The letters also introduced the counselors to the league’s free Web portal, www.MoneyAndStuff.info, which offers free financial education lesson plans and curricula for students of all age groups. The lessons are provided by the National Endowment for Financial Education, Junior Achievement and Thrive by Five. “Credit unions are arming our educators with proven lesson plans so they can share this knowledge with students now, more than one year before the mandate deadline,” said Paul Mercer, league president. More than 350 credit unions received toolkits earlier this year so they could partner with area schools. Only 5% of Ohio adults were taught personal finance when they were young, and 23% said they encouraged financial literacy in their families, a 2007 league study indicated. “Good personal financial habits are developed at a young age,” Mercer said. “Financial literacy among our youth is a necessity.”
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