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Medill.com item on fin-lit programs notes Wis. CUs
CHICAGO and WASHINGTON (7/27/09)--A Medill.com article about the uphill climb that making personal financial education mandatory in all U.S. schools is facing points out Wisconsin Credit Union League's work with schools as an example of financial education offered to schools at low cost. The article appeared in Medill.com (July 21), the website of the Medill School of Journalism at Northwestern University in Chicago. Financial education programs face an uphill battle due to a variety of reasons, the JumpStart Coalition for Personal Financial Literacy noted in the article. The recent change in presidential administration and the distractions of the global economic crisis problems have taken attention away from placing high school personal finance education on top of the national agenda, the coalition said. Efforts to find a national solution are thwarted by the fact that education legislation usually develops at the state or local level, said the article. Funding comes from private banks and corporations in the states. The article notes that "Wisconsin provides an example of financial education being offered to schools at low cost. Dawn Schueller, press secretary for Sen. Herb Kohl (D-Wis.), said some Wisconsin schools are partnered with the Wisconsin Credit Union League in order to receive low-cost financial education. However, the state does not yet require personal finance education in its schools."
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