In the Media

Vermont Public Radio

$10,000 Credit Debt? You're Not The Only One

January 29, 2015

By Jane Lindholm and Patti Daniels

Personal finance experts have cautioned us for years that credit card debt is a financial trap. But Vermonters have an average of $9,667 in credit card debt, according to the Vermont Financial Literacy Task Force, and that's better than the national statistics.

New Haven Register

CONNECTICUT MONEY: Connecticut gets “F” in financial literacy

January 10, 2015

Connecticut received failing grades in two separate nationwide studies recently. The state received an “F” in the “2013 National Report Card on State Efforts to Improve Financial Literacy in High Schools” by the Center for Financial Literacy in Vermont.

The Middletown Press

CONNECTICUT MONEY: Connecticut gets “F” in financial literacy

January 10, 2015

Connecticut received failing grades in two separate nationwide studies recently. The state received an “F” in the “2013 National Report Card on State Efforts to Improve Financial Literacy in High Schools” by the Center for Financial Literacy in Vermont.

Valley News

Editorial: Money Smarts in Vermont

January 4, 2015

A report issued last month by the Vermont Financial Literacy Task Force concluded that far too many Vermonters of all ages lack the knowledge and skills they need to successfully manage their personal finances

Vermont Public Radio

Young Vermonters Need Financial Training, Task Force Says

By Steve Zind

January 2, 2015

According to the Financial Literacy Task Force at Champlain College, more than two-thirds of Vermont’s high school graduates aren’t financially literate. Yet, they report, young people face key decisions about money more than ever.

Mountain Times

Boost financial literacy for all, task force recommends

By Elizabeth Hewitt

December 31, 2014

One year after the state received a ‘D’ on a national report card on financial literacy in high schools, the 20-member Vermont Financial Literacy Task Force called on lawmakers to create a commission on personal finance in an effort to bolster the state’s overall economy.

Valley News

Task Force: Improve Vt.’s Financial Literacy

By Elizabeth Hewitt

December 30, 2014

State Treasurer Beth Pearce emphasized the importance of developing a long-term strategy for improving financial literacy among Vermonters. With several initiatives already in place to help Vermonters look out for their personal economics, Pearce is eager to work with the task force on further steps.

Brattleboro Reformer

Financial literacy task force submits action plan

By Chris Mays

December 29, 2014

"Our whole goal is to have people build financial assets, using that as a significant piece of economic development in the state," said task force chairman and Windham Foundation president Bob Allen. "If people build assets, they're better able to handle their finances and have better purchasing power."

Financial literacy task force releases action plan to get Vermonters out of financial funk

December 23, 2014

Vermont's Financial Literacy Task Force has released a report, "Vermont's Financial Literacy Action Plan," with recommendations aimed at strengthening Vermonters' financial futures.

Times Argus

Group pushes more financial education in schools

December 22, 2014

A group of educators and other interested parties is calling for steps to help Vermonters better manage their money. The Vermont Financial Literacy Task Force released a report last week offering an array of recommendations to better teach people to improve their “money smarts.”


New plan to help Vermonters better understand personal finances

By Shelby Cashman

December 22, 2014

The group says K-12 schools should create personal finance courses. Teacher training and establishing financial literacy grants are also recommended. The task force says right now just seven Vermont schools require financial literacy.

Vermont Business Magazine

Financial literacy task force releases action plan to get Vermonters out of financial funk

December 21, 2014

“When it comes to ‘money smarts,’ far too many Vermonters aren’t making the grade,” said Bob Allen, Windham Foundation president/CEO and task force chairman. “We have the opportunity to help lift our friends and neighbors out of financial turmoil. The time to take action is now.”

World News Report

Task force: Boost financial literacy for all Vermonters

December 20, 2014

Linda Tarr-Whalen, chair of k-12 Task Force Committee spoke as officials released the report of the Vermont Financial Literacy Task Force on Thursday at Champlain College.


Boost Financial Literacy for All, Task Force Recommends

By Elizabeth Hewitt

December 19, 2014

One year after the state received a D on a national report card on financial literacy in high schools, the 20-member Vermont Financial Literacy Task Force called on lawmakers to create a commission on personal finance in an effort to bolster the state’s overall economy.

Regional Educational Television Network

Vermont's Financial Literacy Action Plan

December 18, 2014

The Financial Literacy Task Force, assembled by John Pelletier, director of the Center for Financial Literacy at Champlain College, reports on its recommendations to improve the "money smarts" of Vermonters, from K-12 students to secondary education to working adults.

VSAC Newsline

Financial Literacy Task Force Releases Action Plan To Get Vermonters Out Of Financial Funk

December 18, 2014

Vermont’s Financial Literacy Task Force released a report, “Vermont’s Financial Literacy Action Plan,” with recommendations aimed at strengthening Vermonters’ financial futures. The group has developed 13 actionable solutions that will lead to an increase in the financial wellbeing of citizens across the state.


Vt. students learn to finance their future

By Kristin Kelly

December 12, 2014

U-32 Juniors and seniors are taking a course in financial literacy. The students are here because financial literacy is a required class. U-32 is one of the few schools in the state to require a course in how money works.

Newport This Week

Local Schools Prioritize Financial Literacy

By Tom Walsh

December 11, 2014

Although Rhode Island ranks near the bottom of states in delivering financial literacy instruction to students in grades K-12, both Rogers High School and Middletown High School include it as part of high school mathematics classes. At Rogers, students are offered a full-year consumer math course in partnership with BankNewport.

Vermont Public Radio

Why Aren't Vermont Millennials Buying Homes?

By Taylor Dobbs

November 19, 2014

Vermonters in the millennial generation are often seen as a success story in a state that has struggled to attract and retain young people. But cultural and economic trends mean millennials in the state are still falling short on the housing market.

The Des Moines Register

Branstad: Financial literacy won't be unfunded mandate

By William Petroski

September 15, 2014

Gov. Terry Branstad announced recommendations from the Financial Literacy Work Team Report created by a 13 person committee convened in January by the Iowa Department of Education Director.

Burlington Free Press

Creative Corner: Vermonters falling short in financial literacy

By John Pelletier

May 15, 2014

Vermont high-school seniors are failing personal-finance tests. In a national financial literacy report card, Champlain College's Center for Financial Literacy (CFL) gave Vermont high schools a D for not requiring financial literacy education.

St. Louis Post-Dispatch

Striving for greater personal financial capability

By Mary C. Suiter

April 30, 2014

With college graduates facing a challenging employment landscape, rapidly increasing student debt and an aging generation to help support in the years to come, it is perhaps more important than ever for young Americans to understand how to manage their personal finances.

Dayton Business Journal

Ohio receives ‘B’ for student financial literacy

April 25, 2014

The Buckeye State is doing an above-average job when it comes to getting kids to understand personal finance. That’s the finding from Champlain College’s Center for Financial Literacy, which has given Ohio a B on its report card for personal finance education.

Go Banking Rates

San Diego Works to Boost California’s Flagging Financial Literacy

By David Dorion

April 25, 2014

The Golden State received an abysmal “F” grade from Champlain College’s Center for Financial Literacy, which evaluated each state on its ability to produce financially literate high school graduates. A separate evaluation of California’s financial literacy by the Financial Industry Regulatory Authority found similarly discouraging trends.

Wallet Hub

The Most & Least Financially Literate States in America

By John S Kiernan

WalletHub sought to discover which areas of the country are taking the necessary measures to foster a financially prosperous future by analyzing financial education programs and consumer habits in each of the 50 states as well as the District of Columbia, using 12 key metrics ranging from Champlain University’s High School Financial Literacy Grades to the percentage of residents with a rainy day fund.

Dallas Business Journal

Texas earns a grade of B for student financial literacy

By Korri Kezar

Apr 22, 2014

Champlain College’s Center for Financial Literacy has given Texas a B on its report card for personal finance education. Texas’ B, indicates that the state requires personal finance topics to be taught in high school math courses.


If You Live In One Of These 11 States You May Be Flunking Finance

By Jean Folger

April 18, 2014

A report from The Center for Financial Literacy at Champlain College found that just 40% of states earned an A or B grade for producing the most financially literate high-school students.  Look at the break-down of which states failed.


How Can Young Vermonters Become More Financially Savvy?

By Jane Lindholm & Sage Van Wing

April 7, 2014

Financial literacy is a required topic in Vermont's educational standards, but many young people still feel under-prepared for managing their own money, figuring out financial aid and saving for retirement.

Huffington Post

Let's Help Young People Save for Retirement

By John Pelletier

March 26, 2014

Our retirement system doesn't work very well for many young employees in our country, largely because too many young workers do not have access to a simple payroll-deducted retirement plan.

American Banker

More Bankers Must Embrace Financial Literacy Initiatives

By Robert T. Taylor

January 29, 2014

The Louisiana Bankers Education Council and the nonprofit Louisiana Bankers Education Foundation work together to promote financial literacy throughout their state.

Burlington Free Press

Panel pitches plans to 'change the story' for women

By Terri Hallenbeck

December 3, 2013

Inequality between men and women leads to the recommendation that financial literacy be taught in high schools as well as addressing bullying among girls.

Building Prosperity, One Girl at a Time

By Hilary Niles

December 3, 2013

High school senior Annalee Beaulieu addressed Gov. Peter Shumlin and other policy makers concerning the still present inequality between men and women. It was recommended that they should start with the promotion of financial literacy education in high school curricula.

My Finance Magazine

Don’t Stop Thinking About Tomorrow

By John Pelletier

November 21, 2013

John Pelletier urges parents to make saving a habit in their kids. Having that discipline will help them as adults to prepare for a rainy day and retirement.

Market Watch

Teach your children (to save) well

By John Pelletier

November 1, 2013

Do your part as a parent to help your child develop financial skills necessary for them to save for their future.

CPAs Go 'Back to Class' for Ohio Students

By Deanna C. White

September 30, 2013

CPAs in Ohio plan to help fifth and sixth graders learn about personal finance through a board game called FETCH!.  This game helps young students begin to develop skills such as balancing a checkbook and saving for emergencies.

Highlands Today

High school students will have to learn A,B,Cs of personal finance to graduate

By Pallavi Agarwal

September 13, 2013

The Highlands County School District, in Florida, is implementing a new program requiring high school seniors to take a personal finance before graduating.


Money Fix: Advice for College Freshmen

By Sheryl Nance-Nash

September 8, 2013

Advice for college freshman, on the dangers credit and suggestions about personal finance.

MSN Money

Why high school kids are financially illiterate

By David Koeppel

July 30, 2013

A report out this month finds most states doing a poor or mediocre job in imparting key financial skills to students.

My Finance Magazine

How Can Our Kids Become Money Smart?

By John Pelletier

July 3, 2013

John Pelletier suggests that we could prevent another economic crisis through the teaching of personal finance in our education system.

Financial Literacy 101: What a Required College Course Should Cover

March 27, 2013

Recent polls suggest that there is a high need for financial literacy courses in college curriculum.

Chicago Tribune

Earlier is better when learning about money

March 1, 2013

Financial literacy is important for making smart decisions about money. But increasingly, research shows the earlier you start learning the topic - preferably before you graduate high school - the better.

Rutland Herald

Financial Literacy Program Begins

By Anders Ax

February 18, 2013

As part of a new financial education initiative managed by Champlain College's Center for Financial Literacy, three Vermont high schools will participate in two years of financial literacy education.

President's Advisory Council on Financial Capability

Final Report

January 29, 2013

Champlain College listed among the Advisory Council on Financial Capability for U.S. President Barack Obama.

TIME: Business & Money

How Fining Bad Banks Can Fix Our Biggest Money Problems

By Dan Kadlec

November 16, 2012

Individuals don't understand as much as they should about personal finance. That's why we have government-supported financial education initiatives throughout the world, from Australia to the U.S. The hope is that one day more financially literate populations will help avoid future financial crises.

Times Argus

Inc.: U-32 students aim to make a go of business

November 8, 2012

The 20 students in George Cook's "Inc." class at U-32 High School are taking part in a project-based learning opportunity that Principal Keith Gerritt says "is something they can use to be economically viable citizens of not only this country, but the world."

WAMC Northeast Public Radio

The Best Of Our Knowledge #1155

By Bob Barrett

November 7, 2012

We hear a lot about the amount of debt many students take on while attending college. But how many of those schools are making sure those students know how to deal with that debt...or even understand it once they graduation? Today on The Best Of Our Knowledge, we'll hear about one northeast school that now mandates courses in financial literacy for all their students.

New Champlain College program takes new approach to helping high schoolers learn the do's and don'ts of money and credit

June 6, 2012

The majority of this spring's high school graduates are not ready to take on the world financially. Many of these teenagers lack the skills and knowledge that they need to successfully navigate today's complex financial world.

Champlain College's Financial Literacy Efforts Highlighted In White House Study Aimed at Empowering Citizens

May 23, 2012

Champlain College's efforts to increase the financial capabilities of college students and develop additional training opportunities for K-12 teacher training has earned notice in a new report and guide issued by The White House entitled, "Every American Financially Empowered: A Guide to Increasing Financial Capability among Students, Workers, and Residents in Communities."

Champlain College Center of Financial Literacy Recognized in iGrad Compendium

May 4, 2012

iGrad, a college graduate digital resource for money, jobs, career and internships, recognized Champlain College as one of 24 of the most innovative financial literacy programs at colleges today in its "2012 Financial Literacy Compendium."

College Graduates, You Need to Start Saving Now

April 21, 2012

The majority of this spring's college graduates aren't ready to take on the world financially. Two-thirds of students will graduate with debt that averages $25,250 in student loans and more than $4,000 in credit-card debt, according to the Project on Student Debt.

Frame your goals when picturing retirement

April 27, 2012

Saving for retirement when you're in your 20s requires some imagination. You have to imagine yourself in old age, needing the money that you put aside today. You have to imagine the size of your nest egg, a formidable amount. And you have to imagine balancing this need with other important financial goals, such as paying off student debt and buying a first home.

First Job? 6 Critical Steps to Long-Term Security

April 5, 2012

The Class of 2012 may be surprised to hear that they need to start saving...right now. Here are 6 ways to make saving for retirement both painless and bulletproof.

Vermont Launches Personal Finance Literacy Pilot Program with Goal of Creating a National Model for Education

April 4, 2012

A new program to study the effectiveness of financial literacy education in Vermont high schools was launched today. The pilot program is the result of a partnership between state government entities, non-profit corporations and financial institutions. The new program will be managed by Champlain College's Center for Financial Literacy.

CHS Wins $22,500 Grant for Financial Education!

April 2, 2012

We are thrilled to announce that a $22,500 Discover Pathway to Financial Success grant has been awarded to Colchester High School to further develop and implement financial literacy education into our students' curricular offerings!

Rich Kid, Poor Kid: How do parents teach their kids about money, income and inequality?

April 1, 2012

In these troubled financial times, discussions of wealth and economic inequality are sure to come up. Children are perceptive, and from an early age, they notice differences among their peers, including socio-economic ones.

Berkeley Blazing Trails to Beat Car Costs

March 19, 2012

While UC Berkeley graduate student Katie DeWitt studies, a total stranger could be taking her Prius on a Target run.

The Haas School of Business student is renting out her personal vehicle through Wheelz, a peer-to-peer car-sharing company that connects car owners to renters.