Letter: Arizona schools succeeding in financial literacy
A recent Champlain College report gave Arizona a "B" in teaching financial literacy to high school students. This is a credit to a critical collaboration of educators, the Arizona Legislature, the business community and nonprofit organizations working to help individuals lift themselves out of poverty.
The Center for Financial Literacy at Chamberlain College cited, among other positive steps, Arizona's new requirement that financial literacy be incorporated into other subject areas.
Our vision at the Arizona Council on Economic Education (ACEE) is for every K-12 student in the state to learn personal finance and economics. ACEE, founded in 1997, can offer most programs at no or low cost thanks to financial support from corporations, small businesses, foundations and individuals.
The economic reality that one out of four children in Arizona lives in poverty only fuels our commitment - and that of companies like Bank of America, whose financial literacy program has helped ACEE reach hundreds of schoolchildren - to teach young people valuable life skills about spending, saving, income and investing.
With all the negative press about Arizona's educational rankings, to see our state among the top 15 states in the country in economic and personal finance education is impressive and a step in the right direction.
Elena Zee, President and CEO, Arizona Council on Economic Education