The program will web-based.
Frederick, Md (KM) – It’s something high school students will need to know after they graduate. The Frederick County School System and SkyPoint Federal Credit Union have formed a partnership to teach financial literacy in all 11 of the county’s public high schools.
SkyPoint, a financial institution serving Frederick and Montgomery Counties in Maryland, and locations in Virginia and the District of Columbia, will underwrite the use of PersonalFinanceLab.com, which is a web-based hands-on program designed to help students learn about personal finance, economics, business, social studies and math.
“We are thrilled to partner with FCPS on this important program,” said Aura Pettus, Director of Community Relations for SkyPoint, in a statement. “Instilling the basics of budgeting and fiscal discipline at a young age is key to setting people on the right path of good financial health for a lifetime. Sky Point commends their efforts to include financial literacy in their curriculum.”
Board of Education President Brad Young says some pieces of financial literacy are taught in the public school system, but not as one course. “Well, there are pieces of it that can be embedded in a number of different classes, whether it be in an accounting class or life skills class, or even just a general math class. So it’s imbedded in many different classes, and instructors find ways of bringing it in,” he says.
Young teaches personal finance at Mount St. Mary’s University.;
The course will also include classroom exercises, class activities, interactive calculators and a portfolio of real stock from global markets. It’s all designed to engage students in how practical applications for what the students learn in this class.
By Kevin McManus