CFL News Coverage Prior to 2012
By Mary Johnson
November 30, 2011
A college degree is and will continue to be a major key to economic security, social mobility and prosperity for millions of Americans. But as college costs continue to rise and family income remains stagnant at best, attaining that goal requires an increasingly significant investment of financial resources. College loans have provided a vital lifeline for most students and families, but affordability remains a top concern. It's time for a shared commitment to rebalance this equation.
Average balance of nearly $30K reflects a new reality
By Jodi S. Cohen and Vikki Ortiz Healy
October 29, 2011
A college education used to be a ticket to a secure future.
Now, a generation of students and graduates is walking off campus with a collective $1 trillion in student loan debt and troubling career prospects. The daunting combination is forcing them to rethink their futures, postponing weddings, home purchases and vacations to make hefty monthly payments on loans that will follow them into middle age.
October 20, 2011
Thursday's speaker was John Pelletier of Stowe, who is director of the Center for Financial Literacy at Champlain College. The center is designed to promote and develop financial literacy skills in kindergarten through 12th grade students, college students, teachers and adults.
Inside Higher Ed
By John Pelletier
October 7, 2011
At noon Wednesday, thousands of college students from at least 75 colleges walked out of class as part of Occupy Colleges, which is the collegiate version of Occupy Wall Street. Students are angry and they want to show their support for the 99 percent of American citizens whom they feel are being ignored by our political leaders and fleeced by Wall Street. Given the Arab Spring and the unrest caused by the youth in these countries, is it surprising that America could be on the brink of a College Fall?
This editorial also appeared in:
Burlington Free Press
Sound education early produces financially fit citizens in future
Published September 7, 2011
As our children, grandchildren, nieces, nephews and neighbors begin a new academic year in elementary, middle and high school or start a new semester at college, we should ponder how they will obtain the financial sophistication that they need to successfully navigate though the financial complexities of the 21st century.
Starting this fall, Virginia high school students will need more than reading, writing and arithmetic to snag a diploma.
Published August 15, 2011
Incoming high school freshmen will be required to take a one-credit course outlining the ABCs of economics and personal finance.
... The effort extends beyond grades K-through-12. Starting last year, an eight-part course in personal finance became part of the four-year curriculum for Champlain College in Burlington, Vt. Students who don't complete a seminar on time lose their ability to schedule classes for the next semester, says John Pelletier, head of Champlain College's Center for Financial Literacy.
Vermont Public Radio (VPR)
Published June 20, 2011
Personal finance has become more complex, making it even more critical for people to understand how to manage their money. Monday on Vermont Edition, we look at financial literacy and an ambitious program at Champlain College that attempts to improve what Vermonters understand about saving and investing, credit and debt.
Vermont Public Radio (VPR)
Published June 21, 2011
A survey of Vermont high schools finds that while some form of financial literacy is taught in many of them, the courses are elective and they vary in what's being taught.
The study was conducted by the Center for Financial Literacy at Champlain College. It also shows many high school teachers don't believe students are learning what they need to know about managing finances.
VPR's Steve Zind reports.
Champlain College's new Center for Financial Literacy gets people talking about money
By Lauren Ober
Published April 6, 2011
Guess how much Vermont high school seniors know about personal finance. Virtually nothing, according to a 2008 survey of financial literacy conducted by the national financial education nonprofit Jump$tart Coalition for Personal Financial Literacy.
...John Pelletier wants to change that...
Published March 18, 2011
By Carolyn Bigda, special to Tribune Newspapers
Learning how to make smart money choices when you're young can make all the difference to your financial well-being. With the economy still on shaky ground and worries about state pension cuts making headlines, that message may be all the more important.
What Young Americans Need to Know About Retirement
Watch the full hour webcast of the Merrill Lynch panel that Champlain College's John Pelletier participated in earlier this month. It is now available online for viewing and will be the focus of an advertising campaign for the next month in business publications across the country.
State of Vermont
January 26, 2011
Joint Legislative Briefing for House and Senate Education Committees
Briefing included an overview of Financial Literacy in the State of Vermont, along with testimony on Adult Education, Coalition Work, High Schools and New Programs.
Champlain College News & Notes blog
January 5, 2011
Champlain College came roaring out of the New Year's gate with several nice mentions and features in the media, including an interview with our new director of the Center for Financial Literacy at Champlain College - John Pelletier on WCAX.
New York Times
In College, Learning About Money
By RON LIEBER
Published: January 7, 2011
...An education is one of the best defenses against financial flimflam, but many students never learn the things that help. Only a handful of states require schools to teach basic personal finance, and it's often of the old-fashioned, balancing-the-checkbook variety. Also, it tends to come at a stage in life when students are years away from putting the knowledge to practical use.
So I was heartened to hear about Champlain College here, which recently started requiring all undergraduates to attend two sessions in financial literacy.
By Bianca Slota
Burlington, Vermont - December 6, 2010
Champlain College in Burlington opened a new center Monday with the aim of educating Vermonters about their finances.
The college says the economic recession highlighted just how little most people understand their finances. The new Center for Financial Literacy will start with three main programs -- a training for teachers so they can educate students about savings and debt; training for students, including college kids; and a program that allows college students to access their credit score and find out how to protect it.