Raising the Grade on Financial Education in Vermont John Pelletier - - PowerPoint PPT Presentation

Raising the Grade on Financial Education in Vermont

John Pelletier Director Center for Financial Literacy

VT FinLit Standards Today

Champlain College 4

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

Framework Is Now Swiss Cheese

Education Quality Standards

• Curriculum Content—students should

demonstrate proficiency in:

– Globa l Citizenship including the concepts

• f 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