Social Studies
October 25, 2010
Obama Administration Goes Back to School with Financial Challenge
By: Young Money Staff
The Obama Administration’s new plan will give high school students a better grasp of their personal finance. The plan will include a voluntary exam and a tool kit that teachers will be given in order to help them with their saving, budgeting, and investing their money. It also includes other important skills critical to developing strong financial knowledge and capability. The recent financial crisis taught an enduring lesson which, ensuring that young people have the skills they need to make wise financial choices today and into adulthood will help build a stronger foundation for the nation's economic future. The test will take place in March 2011, and the program last year had 2,500 educators and over 75,000 students were participating. They were hoping to increase the numbers by 15% this year. In my opinion I think that this plan will work. I believe that it will be possible for the plan to increase in number of people by 15% because there were many people last year that participated. The lesson that the nation was taught with the recent financial crisis helped the economy learn that it is important for high school students to participate in the program. I do think that it will build a stronger economic future for the nation.
Why would this program help build a stronger foundation for the nations economic future and how would the high school students help build that foundation?
http://www.youngmoney.com/credit_debt/Money-Management/obama-administration-goes-back-to-school-with-financial-challenge/
September 13,