Junior Achievement USA® announced today that research conducted by the independent RMC Research Corporation and the JA Education Group shows that six out of seven students who initially didn’t think it was important to manage their money, changed their minds in a favorable direction after participating in the JA Finance Park® program.
On March 4th I spent the day in a place I hadn’t been in years (and truthfully never thought I’d be back in) – a 6th grade classroom. I was there in support of “Junior Achievement”, a great organization that is dedicated to educating students in grades K-12 about financial literacy, work readiness, and entrepreneurship.
There's been a lot of talk recently about how to handle student loan debt, from free college, to debt forgiveness, to young adults simply skipping college. For many people, a college education will be the second largest investment they make behind owning a home, yet this decision is being made by teenagers with very little knowledge of how budgets or debt work.
Today, Junior Achievement (JA) of Greater Washington sent 12 Dunbar High School and Anacostia High School students to the White House to learn about cybersecurity through the Federal Information Technology (IT) Job Shadow partnership between the Chief Information Officer (CIO) Council Workforce Committee and JA of Greater Washington.
It is not cliché to say the youth are our hope for the future. I am passionate about helping support young people, which is why Omega has been in a partnership with Junior Achievement of Greater Washington for several years. We consistently offer our helping hands to this foundation because we love seeing the children learn life skills that will prepare them for future success.
In a pronounced shift from two years ago, teen girls now have the same income expectations as teen boys, according to a new survey from Junior Achievement USA and Voya Foundation. The survey, titled "2016 Teens and Personal Finance," shows that 41 percent of teen girls expect to make $35,000 or more in their first job, compared to 40 percent of teen boys. In 2014, only 35 percent of teen girls expected to make $35,000 or more in their first job, compared to 44 percent of boys. The survey of 1,000 teens was conducted in the first week of March 2016 by Opinion Research.
Junior Achievement USA and the Voya Foundation, the charitable giving arm of Voya Financial, conducted a poll about the repayment of student loans. Between March 1 – 6, the organizations asked 1,000 13-17 year-olds about loan repayment. Sixty-five percent of the teens said borrowers are responsible for paying off their student loans, 11 percent said the government should pay it off, less then seven percent said the college should be responsible, and five percent said the lender is responsible for the debt.
On Tuesday, April 5, 2016, Junior Achievement of Greater Washington attended Financial Literacy Hill Day 2016 to serve as an advocate for financial literacy in our region’s schools and to share ideas with likeminded nonprofits and institutions. Hill Day is free and open to the public; it provides networking opportunity with the national financial education community.
This event, which is hosted annually during Financial Literacy Month, features financial literacy exhibits from more than 60 non-profit, for-profit, and government entities. The event was co-hosted by U.S. Senators Jack Reed (D-RI), Joe Donnelly (D-IN), and Tim Scott (R-SC).
April is National Financial Literacy Month, and it couldn’t have come at a better time. Consumers are feeling more pinched each week with rapidly increasing gas and food prices and sluggish economic growth. According to a recent survey by Career Builder, 77 percent of American consumers are living paycheck to paycheck.
