k-12

Graduating From Test Scores to Credit Scores

DSC6347Brian Page 8x10 hi res for print 150x150 Graduating From Test Scores to Credit Scores

Written by: Brian Page, Chair, Council for Economic Education Teacher Advisory Council

Later this spring, high schools across the country will be graduating students from a world of test scores to a world of credit scores. Many teens will unknowingly be making decisions that will impact them in the decade to come. Yet most lawmakers have fallen short of respecting personal finance as a dedicated subject worthy of stand alone classes required for graduation, taught by teachers trained to teach it well. It’s time we work together to advocate on behalf of high school students to prepare them for the real world.

High school science, math and language arts teachers receive content specific instruction in college, and are required to pass content specific tests to earn teacher certification. Personal finance… not so much. Often times when mandates are passed, they require the integration of personal finance into other coursework. The mandate is often dumped into the laps of teachers who have never been trained to teach personal finance.

A FINRA Investor Education Foundation-funded study, State Financial Education Mandates: It’s All in the Implementation, examined the effectiveness of state mandates on financial education for high-school students. The study noted that if a rigorous financial education program is carefully implemented, it can improve the credit scores and lower the probability of credit delinquency for young adults. In other words, we need to train our teachers, require semester courses devoted to personal finance, and use hands on teaching methods that focus on relevant content.

NCLB aside, our country has historically been a locally controlled education system. This changed following the financial collapse in 2008. Somehow a banking collapse led to education “reform”, and schools were faced with a multitude of new evaluation systems and testing requirements. Subsequently, schools and lawmakers now seem to lack the appetite to pass further education mandates. This should not preclude us from trying, using a common sense approach that does not further burden our schools. I’m confident that if asked, parents and teens would be much happier about recent reform efforts if standardized test scores were a little less important, and helping them build their own credit scores were a little more important.

POSTED: April 7, 2016 | BY: April Somboun | TAGS: , , , , , , , , , ,

CEE Teams Up with BloomBoard

“There are so many resources out there on how to teach and what materials to use. How do I narrow it down to get the best of what I need?”

 

If these thoughts resonate with you, then you definitely have to bookmark BloomBoard.  The educators at BloomBoard know that curation of relevant content is one of the most valuable services one can offer on the Internet.

Starting this month, BloomBoard has invited the Council for Economic Education (CEE) along with other experienced educators to create Collections of resources targeted to specific teaching objectives. As the leader of a national movement to bring economics education and financial literacy to every child, we know how to tackle the challenges involved in teaching these subjects to children in grades K-12.

For our debut Collection on BloomBoard, we decided to focus on teaching financial literacy to young learners in kindergarten through fifth grade. There’s good reason to start teaching finance early. Researchers have found that when elementary students study financial literacy, they develop more positive financial attitudes and behaviors such as saving that will continue throughout their lives.

Our Collection recommends teaching financial literacy with a wide range of resources including lesson plans, activities, songs, videos, professional development, and research.

Capture CEE Teams Up with BloomBoard

 

Here are some of the resources that we recommend in this Collection:

Getting Started: EconEdLinkJoin thousands of K-5 teachers successfully using these lessons to teach concepts such as the cost of choosing between “this and that” and how scarcity influences their world to young learners.

Kiddynomics: An Economics Curriculum for Young Learners Federal Reserve Bank of St LouisKiddynomics introduces young children to economic thinking with five lessons based on popular storybooks.

Playful Economics: Scarcity, EconEdLinkAward-winning 5th-grade teacher, Shanan Reigle, shows how she teaches scarcity in this instructional video. Students move from creating products with play dough to tweeting about their new understanding.

Creating a Classroom Economy Unit Plan by Beth Newingham, ScholasticStudents build a class economy replete with specific jobs, salaries, and currency. As class citizens, they must manage their money, using credits, debits, and checks.

Visitors to Bloomboard can save, share, and follow Collections. They will also be able to earn micro-credentials for their skills.

We would also like to introduce Buck Institute for Education (BIE) who posted the Collection, Gold Standard Project Based Learning: An Overview, on BloomBoard following ours. BIE creates, gathers, and shares high-quality Project Based Learning (PBL) instructional practices and products and provides highly effective services to teachers, schools, and districts.showing teachers how to use Project Based Learning in all grade levels and subject areas. Their comprehensive overview will help teachers get started with PBL.

We hope you will take a look at BIE’s Collection as well as others on BloomBoard. And, join us on BloomBoard in using and providing content that is relevant for our teachers today.

POSTED: February 17, 2016 | BY: April Somboun | TAGS: , , , , , ,

CEE Offers Free Online Assessment Center

online assessment center large CEE Offers Free Online Assessment Center

The Council for Economic Education is now offering the Online Assessment Center. The OAC is a free online resource that provides teachers with an easy and efficient way of measuring their students’ academic progress. It allows teachers to track real-time data on their students’ understanding of economic and financial concepts.
Read more…

POSTED: December 1, 2014 | BY: Daniel Thompson | TAGS: , , , , , , , , , , , , , , , , , , , , ,

Students Celebrate CEE’s 65th Birthday

In celebrating the Council for Economic Education’s 65th Birthday, we asked students to share their thoughts on the age of 65. CEE asked a group of K-12 students to finish the thought, “When I’m 65…” Watch them share their ideas and goals below!

happy birthday cee video Students Celebrate CEE’s 65th Birthday

Students like these have benefited from CEE since its creation in 1948. Since then, it has provided economic education and financial literacy to elementary, middle, and high school students throughout the nation. To do this, over the past 65 years CEE has focused on “educating the educators” and equipping them with the necessary resources so that students like those in the video have the ability to realize their dreams over the next 65 years.

POSTED: November 25, 2014 | BY: Daniel Thompson | TAGS: , , , , , , , , , , , ,

Kids on Economics

What do kids think about economics? Watch this video to see elementary, middle and high school students talk about the importance of understanding economics and personal finance principles. You’ll be surprised to see how insightful these kids are when they talk about viewing the world through economic lenses!

Watch Kid’s on Economics!

POSTED: November 18, 2014 | BY: Daniel Thompson | TAGS: , , , , , , , , , , , ,

65 Years of Delivering Economic Education and Financial Literacy

Since its inception in 1948 the Council for Economic Education has made it its mission to deliver economic education and financial literacy to K-12 students nationwide. In this overview, you’ll see how for the past 65 years the Council has used ever-changing techniques to educate the educators. By equipping teachers with innovative resources, the Council has made great strides in improving the education of economics and personal finance in our schools.

Watch CEE’s New 2014 Overview Video

POSTED: November 10, 2014 | BY: Daniel Thompson | TAGS: , , , , , , , , , , , , , , ,

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