Email: cfl@champlain.edu
In the Media
The Jim Bohannon Show
Interview with John Pelletier (3/29 Show)
March 29, 2017
Interview with John Pelletier begins at the 40 minute mark of the 3/29 show.
CreditCards.com
Poll: Americans more optimistic about getting out of debt
January 10, 2017
By Brady Porche
Americans are gaining confidence about becoming debt free during their lifetimes, according to a new CreditCards.com survey.
Journal of Business
Raising financial literacy
November 3, 2016
By Mike McLean
Junior Achievement will partner with Spokane Public Schools for the second year in presenting middle school students with a day of hands-on experience with financial challenges they'll likely face as adults.
Yahoo Sports
5 Retirement Basics Every American Should Know
October 24, 2016
By Emily Brandon
You don't need to be an investment expert to begin building a nest egg for retirement. Consistently saving a modest amount and investing it in a low-cost fund can lead to impressive gains over time. If you qualify for tax breaks and employer contributions, you can grow your retirement savings even faster. Here are five simple ways to create wealth for the future.
Prudential Family Finances
Help Kids Understand Money
October 10, 2016
By Kate Ashford
When it comes to teaching your kids about money, one useful model is a successful financial literacy program.
Living on the Cheap
How to teach your kids about budgets
October 3, 2016
By Teresa Mears
We've all heard the horror stories: young people who graduate from college, move back home with their parents, make very little money and mishandle the cash they do earn. As many as 40 percent of millennials still receive financial help from their parents, according to 2015 statistics from a Bank of America report.
The Huffington Post
Educational Default
April 22, 2016
By John Pelletier
The vast majority of young Americans are starting life after college in a financial hole, while higher education and our government do the minimum in terms of educating them about personal finance issues.
Burlington Free Press
Shumlin: Use mutual fund fee increase for college fund
February 18, 2016
By Jess Aloe
Gov. Peter Shumlin wants to increase mutual fund registration fees to pay for programs that will help send Vermonters to college. The Legislature approved college savings accounts last year. At the time, Shumlin said the money would come from philanthropic contributions, but to date, the plan has only one committed donor -- Subaru of New England at $25,000.
VTDigger.org
College savings proposal spotlights mutual fund fee hike
February 16, 2016
By Morgan True
Gov. Peter Shumlin joined leaders in business and higher education Tuesday to tout the benefits of universal child savings accounts for higher education. Shumlin’s budget would pay for every child in the state to have $250 in such an account at birth, or $500 for low-income children. The governor cited research showing that even modest savings accounts can triple the likelihood low-income youth will attend college.
MarketWatch
How to handle your student loans while you’re still in school
January 29, 2016
By Robert Powell
Experts tackled student loan-related questions and issues at a recent Money for Life panel discussion held at Champlain College in Burlington, Vt. co-sponsored by MarketWatch and the Center for Financial Literacy at Champlain College.
MarketWatch
How and when to consolidate your student loans
January 19, 2016
By Jullian Berman
MarketWatch and the Center for Financial Literacy at Champlain College convened a panel of experts recently on the Champlain College campus in Burlington, Vermont, to discuss some of the ways borrowers can make sure they stay current on their student loans.
MarketWatch
How to handle your student loans after graduation
January 19, 2016
By Robert Powell
After you graduate from college, job one — besides finding a job — is choosing the right debt repayment method for your student loans. And completing the required exit interview is the part of that process. Exit counseling, also found at studentloans.gov, is required when you graduate, leave school, or drop below half-time enrollment.
MarketWatch
How to repay your student loans with less pain
January 14, 2016
There are lots of ways to pay back your student loans without feeling painfully pinched. Experts explain your options at a recent MarketWatch event at Champlain College.
GENFKD
New Report Shows Crucial Impact of Financial Education
December 18, 2015
By Matt Averna
“Prepped for Success,” released by the Center for Financial Literacy on December 15, outlined the dramatic improvement in personal finance knowledge shown by high school students who received instruction from teachers specifically trained on the subject matter.
LowCards.com
Well-Trained Teachers Improve Financial Literacy for Students
December 17, 2015
High school students show much stronger financial literacy skills when they are taught by properly-trained instructors, according to a new report from Champlain College. Teachers who had completed graduate-level courses on how to teach personal finance to teenagers had students that out-scored consumers in the Millennial generation (ages 18-34) and nearly scored as high as Generation X (35-49).
WCAX
Improving financial literacy in teens
December 16, 2015
Champlain College's Center for Financial Literacy used national data to determine how states are doing when it comes to improving financial literacy among high schoolers. Most states are not doing very well. Only five got an A. Neighboring New York and New Hampshire both received a B. And Vermont got a D. So researchers delved deeper -- to see if improving financial literacy among instructors could lead to better educated students.
Time
This Is the Best Way to Teach Kids About Money
December 16, 2015
As educators and policymakers debate the best way to teach personal finance lessons in the classroom, they may want to focus on the teachers themselves—not the students. Turns out, high school students who are required to take a personal finance class led by an instructor with formal training end up with vastly improved money skills.
VT Digger
Champlain College study finds well-trained teachers key to financially literate high school students
December 15, 2015
A study released today by Champlain College’s Center for Financial Literacy (CFL) shows that the financial literacy skills of high school students improved dramatically when they were taught by teachers who received specialized training in a graduate-level course on how to teach personal finance to teenagers.
Vermont Business Magazine
Champlain College study finds well-trained teachers key to financially literate high school students
December 15, 2015
Vermont Business Magazine A study released today by Champlain College’s Center for Financial Literacy (CFL) shows that the financial literacy skills of high school students improved dramatically when they were taught by teachers who received specialized training in a graduate-level course on how to teach personal finance to teenagers.
GenFKD
An Expert's Take on the Corinthian College Crisis
December 12, 2015
By Matt Averna
On December 3, the federal government announced it’s forgiving tens of millions of dollars in loans owed by former students in the Corinthian College system. GenFKD reached out to student debt expert John Pelletier, Director of Champlain College’s Center for Financial Literacy, for his take on the news.
The Times Daily
Alabama among top states in educating students on financial responsibility
October 27, 2015
By Carter Watkins
A recent study has been released which gives Alabama schools an “A” for teaching students about personal finance. Composed by Champlain College’s Center for Financial Literacy, Alabama is among five states in the 2015 Report Card on State Efforts to Improve Financial Literacy in High Schools to receive the “A” rating.
UEN Utah Education Network
Utah Tops Financial Literacy Report Card
October 27, 2015
By Associated Press
Utah—the only state in the nation worthy of the Grade A+ The state of Utah should be commended for its efforts. Utah requires that all high school students take a half-year course exclusively dedicated to personal finance topics, and students are required to take an end of-course assessment examination created and administered by the state.
Northwest Public Radio
Washington Got An “F” In Student Financial Literacy – Here’s How They’re Changing The Grade
October 27, 2015
By Courtney Flatt
Many Washington students are graduating high school with little to no idea about how to handle their money. Experts say that could lead students down a path of debt and stress. That’s why some people are trying to teach high school students better ways to deal with personal finances now.
The Times Daily
State gets A for teaching personal finance in high school
October 27, 2015
By Associated Press
The TimesDaily reports according to the 2015 Report Card on State Efforts to Improve Financial Literacy in High Schools, the state is one of five to receive the grade of A for teaching the course.
Alabama Public Radio
APR News Brief
October 27, 2015
By Alex Aubuchon
The state of Alabama has earned an A in teaching personal finance. The TimesDaily reports according to the 2015 Report Card on State Efforts to Improve Financial Literacy in High Schools, Alabama is one of only five states to receive the grade of A for teaching the course.
Montgomery Advertiser
Alabama earns an 'A' in teaching personal finance
October 27, 2015
By Associated Press
Alabama has earned an A in teaching personal finance.
Billings Gazette
Report shines light on Wyoming high schools' financial literacy standards
October 26, 2015
By Heather Richards
Wyoming didn’t make the grade in a recent national report on how well high school students are taught to manage their money, but some say the results may not represent what is being done on a local level to prepare young people for their financial futures.
Salt Lake City News.Net
Utah Leads the Nation in Financial Literacy
October 26, 2015
By Governor's Office
Champlain College's Center for Financial Literacy, using national data, has graded all 50 states and the District of Columbia (D.C.) on their efforts to produce financially literate high school graduates. What the grading shows is that we have a long way to go before we are a financially literate nation.
ABC4 Utah
Utah tops financial literacy in high school
October 26, 2015
By Tasmin Mahfuz
The Champlain College's Center for Financial Literacy rated Utah as one of the top states in the country for financial literacy. According to the National Report on State and Financial Literacy, only 5 states, including Utah, earned an "A" for financial literacy while 26 states earned a "C", "D" and "F".
Birmingham Business Journal
Alabama receives one of nation's highest marks for teaching personal finance
October 26, 2015
By Ryan Phillips
The state of Alabama was recently ranked as one of five U.S. states to receive a grade of "A" for teaching personal finance to high school students. Champlain College's Center For Financial Literacy graded each state on a traditional letter scale and the only other four states to match Alabama's perfect score were Missouri, Tennessee, Virginia and Utah.
The Times Daily
Alabama earns an 'A' in teaching personal finance
October 26, 2015
By Lisa Singleton-Rickman
Alabama is one of only five states nationwide that requires a semester-long course, or its equivalent, in personal finance in high school. According to the 2015 Report Card on State Efforts to Improve Financial Literacy in High Schools, those five states received a grade of “A” for teaching personal finance. Other states receiving an “A” were Missouri, Tennessee, Utah and Virginia. The report card, prepared by Champlain College’s Center for Financial Literacy, is a bi-yearly evaluation of how the 50 U.S. states and District of Columbia fare in the area of teaching the basic, need-to-know life skills involving finance.
Boston.com
Massachusetts gets an ‘F’ when it comes to teaching financial literacy
October 20, 2015
By Nina Godlewski
High school students in Massachusetts are graduating with next to no lessons on managing their personal finances. Champlain College’s Center for Financial Literacy used national data to grade each of the 50 states and the District of Columbia based on how well public schools in those states prep students for handling their money.
MarketWatch
Only five states require high school students to take a class about money
October 20, 2015
By Jillian Berman
Most American teens are not learning in high school about the basics of paying bills, building good credit and avoiding debt, even as they’re increasingly relying on student loans to finance their higher education, according to a new financial literacy study.
MarketWatch
Teaching about money: How the states rank
October 20, 2015
By John Pelletier
John Pelletier, director of the Center for Financial Literacy at Champlain College, talks about how U.S. states rank in teaching financial literacy in high schools. Most American teens are not learning about the basics of personal finance.
Education Week
States Fall Short on Teaching Financial Literacy
October 20, 2015
By Liana Heitin
In its second study of financial literacy education requirements across the states, Champlain College's Center for Financial Literacy gave five states an A grade, with the Beehive State topping that list.
Knowledge Center
Role of State Treasurers Expanded During the Great Recession
October 15, 2015
By Lisa Cleveland
The nation’s state treasurers provide a wide range of financial management services to their constituents. They work to safeguard the financial interests of citizens through the professional management of college savings plans, unclaimed property programs and professional debt management efforts. Many are also actively involved in financial literacy efforts and they regularly offer their input and expertise on financial efforts at the federal level that have the potential to impact state treasuries.
MarketWatch
Colleges, Uncle Sam owes student loan borrowers an education
October 6, 2015
By John Pelletier
The media is filled with stories about student loan debt. They often refer to a "student loan bubble" or a "student loan crisis" and the "soaring default rates." They focus on the nearly $1.2 trillion in outstanding student loan debt, an amount that exceeds auto loan and credit card debt. Here's what's missing from those portrayals.
Huffington Post
The 45-Minute Financial Literacy Workout For High School Seniors
October 2, 2015
By John Pelletier
During the last week of school, the students were scheduled to receive a variety of life skills seminars to help them survive in the real world and financial literacy instruction was on the program. "How much time do I have to teach them personal finance?" I asked. "Forty-five minutes" was the response. I decided to accept the challenge. Here is what I told the students.
USA Today
How parents can teach their kids to manage money well at college
September 7, 2015
By Michael Schramm
The need for college students to be financially literate is an often-overlooked but increasingly important task for parents. Many students are misinformed about essential financial facts. Find out more here.
Rutland Herald
High schools adding financial literacy classes
August 17, 2015
By Gareth Henderson
Seven Vermont high schools have a financial literacy graduation requirement, but efforts are underway that could increase that number.
The Daily Progress
Opinion/Letter: Benefits to financial education
July 8, 2015
By Victoria W. Jones
A study by the Council for Economic Education found that one-third of parents are more comfortable talking with their children about smoking, drugs and bullying than money. We can’t rely on parents passing along money skills or being good role models in sound financial decision-making.
Think Advisor
Financial Illiteracy: The Local Solution
June 29, 2015
A Mark Tibergien-funded program provides a solution to the financial literacy issue (and maybe the next generation of advisors)
MarketWatch
Invest in yourself to maximize your return on (human) capital
June 24, 2015
By Robert Powell
After you graduate from college, when you’re just starting out in the work world, economists will tell you that you’re rich. Not rich in the sense that you can donate $400 million to your alma mater. But rich in the sense that you’ll be earning, hopefully, lots of money over the course of your career.
MarketWatch
Warren Buffett is now the world’s richest cartoon character
June 23, 2015
By Charles Passy
In each episode, Buffett — well, a cartoon Buffett — meets with a group of children and helps them solve a basic money-related problem of one sort or another, be it where to locate a lemonade stand (“Remember, if the people won’t come to your business, bring your business to the people,” Buffett advises) or how to manage spending (“Credit cards can seem like an easy way to buy things, but it’s not a good idea to make a habit of using them”).
MarketWatch
Compound Interest: Your Superpower
June 22, 2015
For new college grads, compounding interest is your superpower. At a panel discussion at Champlain College, MarketWatch's Robert Powell talks with finance experts about interest and ways to protect it from inflation.
The Middletown Press
Connecticut House supports foreclosure aid, student education bills
June 7, 2015
According to a press release from state Rep. Matthew Lesser, the state House of Representatives voted in overwhelming support of legislation aimed at increasing financial literacy among Connecticut high school students with a vote of 144-2.
Mountain News
Lessons Graduating Seniors Should Learn
June 4, 2015
An article cites a 2013 study by the Center for Financial Literacy at Champlain College in Vermont. Its authors gave 11 states, including California, an “F” for having few or no requirements for finance education in high school.
India New England News
Are Schools Failing Students When It Comes To Money Matters?
May 29, 2015
Superintendents at most school districts across the country have failed to include required classes in the core curriculum that would help ensure the teenagers are prepared to handle money wisely after they graduate. The teens’ financial illiteracy could prove costly throughout their lives as they make – or fail to make – decisions about purchasing an automobile, borrowing for college, taking out a mortgage, saving for retirement and racking up credit card debt.
Alabama Media Group
Alabama: Top 10 in football and financial ignorance
May 21, 2015
By Ben Baxter
According to the Champlain College Center for Financial Literacy, our statewide high schools earned an 'F' in teaching and encouraging financial literacy. That's partially because personal finance is not a graduation requirement and is not always available as an elective either.
MarketWatch
Marshmallows, mirrors and saving money
May 20, 2015
By Eleanor Blayney
Americans are gripped by the power of now. Waiting for anything is practically un-American. It falls to one profession in particular — financial planning — to preach the gospel of savings and investing for tomorrow, and there is no audience better to hear the message than young adults.
MarketWatch
How to start with pennies and retire a millionaire
May 20, 2015
By Robert Powell
If you knew then — when you graduated from college — what you know now, what might you do differently with your money? What advice would you give your younger self? We posed those questions to financial advisers in hopes that newly minted college graduates might benefit from the collective wisdom of those who have gone before them.
MarketWatch
Money for life: 3 secrets to financial success
May 20, 2015
By Robert Powell
It won’t take much for you to be successful with your money. But it will require learning three basic financial concepts. Yes, to improve your odds of building a large nest egg for retirement or earning as much money as possible over the course of your lifetime, you’ve got to get a handle on compound interest, inflation, and risk diversification.
Albuquerque Business First
New Mexico ranks middle of the road for financial literacy
May 19, 2015
By Sal Christ
According to a new ranking by Debt.com, New Mexico ranks 24th in the nation for its level of financial literacy — neither the best nor the worst nationwide.
VTDigger.org
Legislative Wrap: Economic development push lasts from first to last day of session
May 18, 2015
By Erin Mansfield
Lt. Gov. Phil Scott declared economic development as “priority one, day one,” before going on a listening tour of Vermont to hear grassroots ideas that he shared with the Legislature and the public.
MarketWatch
Delaying Gratification: It Pays To Wait
May 15, 2015
Every consumer purchase represents a tradeoff: You buy something now at the expense of saving for the future. MarketWatch Senior Editor Robert Powell talks with experts about delaying gratification at an event at Champlain College in Vermont.
VTDigger.org
Loaded up with new consumer protection proposals, rent-to-own regulation bill heads back to Senate
May 10, 2015
By Erin Mansfield
The House passed the consumer protection bill in a voice vote Friday morning. The bill started in the Senate as a bipartisan effort to regulate rent-to-own companies like Aaron’s and Rent-A-Center that sell furniture to people with bad credit or no credit.
Hawaii Public Radio
Bringing Financial Literacy Into The Classroom
May 6, 2015
By Molly Solomon
Hawaii is one of the worst states when it comes to preparing its high school students for financial literacy. A study done by The Center for Financial Literacy gave Hawai‘i an “F,” along with 10 other states. HPR’s Molly Solomon looks at some steps being taken to raise that grade.
TheStreet
10 Dumbest States for Educating Your Kids Before College
April 25, 2015
With education being an essential step on the path to financial security, would you want to live in a state where your kids couldn't get the best education? For the vast majority in the U.S., the quality of schools are a major factor in deciding where to live.
Stowe Reporter
Stowe resident honored
April 16, 2015
John Pelletier of Stowe, director of the Champlain College Center for Financial Literacy, has been selected as the state’s 2015 Financial Literacy Champion.
The Branford Seven
State Senator Kennedy: Students Must Learn Financial Literacy
April 14, 2015
In 2013, Champlain College’s Center for Financial Literacy gave Connecticut an “F” in its assessment of financial literacy for high school students across the country. This grade was given to Connecticut because it is one of only five states with no requirements for financial literacy.
WCAX
Champlain College educator receives top honors
April 9, 2015
Top honors for a Vermont educator. John Pelletier from Champlain College has been awarded the 2015 Financial Literacy Champion by the Vermont Jump$tart Coalition. Pelletier is credited with creating the school's Center for Financial Literacy, a first in the state. April is Financial Literacy Month in Vermont.
VTDigger
House panel weighs financial literacy commission
April 8, 2015
By Erin Mansfield
A group of state leaders wants to create a financial literacy commission that would make policy recommendations on issues related to Vermonters’ fiscal well-being.
Wallet Hub
2015’s The Most & Least Financially Literate States in America
By John S Kiernan
John Pelletier, Director of the Center for Financial Literacy at Champlain College weighs in on how to foster financial literacy in the United States.
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."
Wherezit.com
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.”
WCAX
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.”
VTDigger
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.
VTDigger
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.
WCAX
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.
Investopedia
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.
VPR
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.
vtdigger.org
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.
accountingweb.com
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.
Newsday
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.
Onlinedegreeprograms.com
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.
BurlingtonFreePress.com
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.
readMedia.com
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."
readMedia.com
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."
wallstreetjournal.com
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.
chicagotribune.com
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.
moneyland.time.com
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.
readMedia.com
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.
kidsvt.com
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.
mercurynews.com
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.
