SEPTEMBER 9, 2008 Feel free to forward eWeekly to a friend. |
   Click here to read these articles on GreentreeGazette.com Penn Foster’s CEO Stuart Udell is a college president, a high school president—and a vocational school president. WeBook: Let the crowd write! Campus Connect: An overseas industry-academia partnership Meet Tim Loomer, the new CEO of an IT company whose solutions are proving their worth on an interesting mix of campuses.
And much more!
|
High school and college students
In 2006, U.S. high school seniors correctly answered 52 percent of questions on a financial literacy survey. In 2008, this figure dropped to 48 percent. The survey was given to 6,856 high school seniors in 40 states by the Jump$tart Coalition for Personal Financial Literacy and funded by Merrill Lynch. “The survey demonstrates that graduating high school seniors continue to struggle with financial literacy basics,” says Lewis Mandell, professor of finance and managerial economics at SUNY Buffalo School of Management and survey administrator. Financial literacy and standardized tests High school students who scored a 27 or higher on their ACT answered 59 percent of the financial literacy questions correctly, while those with an ACT score of 20 or lower answered 43 percent of financial literacy questions correctly. How about the college students? This is the first year that college students were given the 31-question survey. More than 1,000 full time college students beat out the high school seniors by answering 62 percent of the questions correctly. Broken down by class, college seniors answered 65 percent correctly; juniors got 62 percent, sophomores got 61 percent and freshmen correctly answered 59 percent. Laura Levine, executive director of Jump$tart, views these numbers favorably. “While we must continue teaching personal finance to high school students,” she says, “reinforcing and repeating financial literacy efforts at the college level yields positive results.” Financial literacy is the theme topic of the Scholars & Dollars section of the September issue of The Greentree Gazette magazine. Florence Kizza is an editor of The Greentree Gazette. She can be reached at fkizza@greentreegazette.com.
Read more about the business of higher education on GreentreeGazette.com
|
The conference is a chance for student services administrators, student financial services directors and managers, business officers, bursars, registrars and FAAs to address topics of leadership, customer service, measuring performance, technology and teamwork. Sunday 10/5/2008 through Tuesday 10/7/2008, University of Minnesota, Minneapolis, $725.
See more upcoming conferences on GreentreeGazette.com.