Junior Achievement's programs provide financial literacy education vital for the success of K-12 students in a global economy. Follow the links below to learn the latest news about local and national financial literacy initiatives.
District of Columbia
- In August 2008, the District of Columbia Council approved the creation of a Financial Literacy Council to "provide for the financial education of the students of the District of Columbia Public Schools." The Financial Literacy Council will be launched in 2009. (Link to District of Columbia Council)
- In November 2011, Mayor Vincent C. Gray proclaimed November 29 as Junior Achievement of Greater Washington Day in the District of Columbia, citing the more than 600,000 local students that JA has helped since its inception and JA's mission to empower young people to own their economic success. (Link to proclamation)
Maryland
- In April 2008, the Maryland General Assembly approved House Bill 1242 / Senate Bill 533, a measure creating a "Task Force to Study How to Improve Financial Literacy in the State." (Link to House Bill / Link to Senate Bill)
- In December 2008, the Task Force issued a preliminary report that recommended the adoption of K-12 personal financial literacy standards. (Link to Task Force)
- In the spring of 2009, the Maryland House and Senate introduced House Bill 120 / Senate Bill 140, a measure to extend the Task Force to allow for another year of study. (Link to House Bill / Link to Senate Bill)
- In the spring of 2009, the Maryland House and Senate introduced House Bill 1502 / Senate Bill 500, which would require the Prince George's County Board of Education to develop and implement financial literacy curriculum for its students. (Link to House Bill / Link to Senate Bill)
- In the spring of 2010, the Maryland House and Senate introduced House Bill 335 / Senate Bill 264, which would require students to complete a financial literacy course prior to graduation. (Link to House Bill / Link to Senate Bill)
- In September 2011, the state of Maryland began offering a program of instruction in financial literacy education for all students in grades 3-12. (Link to Maryland State Department of Education)
Virginia
National
- Founded in January 2008, the President's Advisory Council on Financial Literacy established for the first time that it is the "policy of the Federal Government to encourage financial literacy among the American people." In January 2009 the Council presented 15 recommendations to the President, the first of which calls for the United States Congress or state legislature to mandate financial education in all schools for all K-12 students. Junior Achievement's national CEO is an active member of the Council. (Link to Office of Financial Education)
- In January 2009, the US Treasury Department reported the failing grade of "56%" as the average score for high school students participating in the national Financial Literacy Challenge, a voluntary 35-question test that high school students could take to assess their financial knowledge. Junior Achievement consulted with the Treasury Department on the development of the Challenge questions. (Link to Department of the Treasury)
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