U.S. Treasury Official, David Nason visits with Brown University graduate students. Senator Frank Caprio and Professor Darrell West sit in on the discussion.
Contact: Jim Hedemark
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U.S. Treasury Official to Help Youth “Get Smart About Credit” in Ocean State
Nationwide Consumer Credit Education Campaign Highlighted in Rhode Island
October 19, 2006 - David G. Nason, Deputy Assistant Secretary for Financial Institutions Policy, U.S. Dept. of the Treasury will visit Rhode Island to promote the ABA Education Foundation's Get Smart About Credit Day, a nationwide effort to increase awareness and knowledge about credit usage among young adults.
Nason will guest-teach a lesson to Gene Kelly’s personal finance class at Warwick Veteran’s High School, then will lead a policy roundtable discussion with graduate students at Brown University’s Taubman Center for Public Policy & American Institutions.
Nason is a native of Providence and attended Mt. St. Charles Academy in Woonsocket.
Professor Darrell West, Director of the Taubman Center remarks, “This policy discussion not only has direct bearing on our students’ individual lives, but also focuses their interest on a topic of increasing national importance as they prepare to embark on public policy careers that stand to affect all of our lives.”
Business Teacher, Gene Kelly of Warwick Veteran’s High School states, “I am so grateful for the incorporation of my classroom and Rhode Island in this national U.S. Treasury effort.As a former banker and now educator, one of my personal goals is to see that young adults leave high school ready to live confident and informed personal financial lives.”
This awareness campaign promotes the ongoing Get Smart About Credit program, an innovative and effective program created by the ABA Education Foundation that makes it easy for bankers to provide valuable and much-needed credit education to 15- to 25-year-olds. It's an engaging experience that puts young adults on the right financial track. And that's good news for everybody.
For more about the ABA Education Foundation's Get Smart About Credit Day please visit by clicking here.
The Rhode Island Jump$tart Coalition (founded in 2004) is a coalition of dozens of Ocean State and New England region businesses, community organizations, educational institutions, government agencies and officers. The coalition¹s mission is “to increase the financial literacy of individuals in Rhode Island.” The coalition¹s website is www.rijumpstart.org
In 2006, for the first time, Rhode Island high school seniors participated in the national Jump$tart Coalition personal financial literacy survey that measures teenagers¹ knowledge of personal financial literacy topics. Rhode Island high school seniors answered 48.8% of the questions correctly. The national average was 52.4%. For more details on the national survey, please click here.
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