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CU System
Maryland fin lit ed task force to make its case today
COLUMBIA, Md. (1/27/09)--Members of the Maryland Governor's Task Force on Financial Literacy today will petition the Maryland State Board of Education in Baltimore to require all public schools in the state to include financial literacy education in their K-12 curriculum. Credit unions have two representatives on the task force: Bert Hash, president/CEO of MECU, Baltimore, and Thom Beck, president/CEO of Montgomery County Teachers FCU, Rockville. Hash is also a board member with the Maryland and District of Columbia Credit Union Association (MDDCCUA) (FOCUS Newsletter Jan. 26). The task force will make a presentation to the board today and ask for additional teacher training as well as a means of assessing the effectiveness of the delivery of financial literacy content in schools, said MDDCCUA. The task force plans to ask the board to act on the request before the end of the school year. Most school systems in the state give students the option to choose financial literacy as an elective. Of those, about 2% to 10% of students select that option. At least 90% of graduating students in those systems have little or no exposure to financial literacy programs, said MDDCCUA.
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