Raising the Grade on Financial Education in Vermont John Pelletier Director Center for Financial Literacy
VT FinLit Standards Today K-12 Sta nd a rd s—17 Yea rs Old : Persona l Dev elop m ent Sta nd a rd s Personal Econom ics : less than 1 inch Career Choices : 1.5 inches Sustainability : 3.25 inches Champlain College 4
Framework Is Now Swiss Cheese
Education Quality Standards • Curriculum Content —students should demonstrate proficiency in: – Globa l Citizenship including the concepts of civics, econom ics , geography, world language, cultural studies and history – Does not exp licitly includ e p ersona l fina nce – How ev er—this list ca n be v iew ed a s exa m p les, not a fina l a nd d efinitiv e d efinition of Globa l Citizenship
In August, BOE Gave AOE Approval to Research and Propose National Financial Literacy Standards • Jumpstart • Council for Economic Education Fina l Decision: Expected by BOE From November To January. Im p lem enta tion: Academic Year 2019?
Personal Learning Plans (PLP)?
Proficiency Based Graduation Requirements (PBGRs)?
What Do High Schools in VT Do? • Required Course for Graduation – Offered as both a math and business or social studies credit – Embedded in a life skills course Offer and Elective Course – Means that 50-75% of students graduate without taking the course • No Class Is Offered
13 VT HS with Financial Literacy Graduation Requirement
The National Grade Curve
GRADE A: What Do These States Do?
Grade B: What Do These States Do?
Website Launch: TeachFinLit.org
Vermont’s Mean: 61% Correct
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