Every single middle school student can benefit from financial literacy education according to new study

University of Massachusetts Donahue Institute study holds promise that financial literacy education can help students nationwide build important financial foundations

Newly released findings from a two-year study of the efficacy of financial literacy on middle school students affirm significant knowledge gain in the subject matter, and advocates more such learning be provided to students in this age group. Conducted by the University of Massachusetts Donahue Institute (UMDI), the largest study of financial education efficacy on middle school students focused on FutureSmart, a digital financial literacy course for grades 6-8, developed by the social impact education innovator, EVERFI, and available nationwide at no cost through a grant from the MassMutual Foundation.

The complete study and its findings were published today in the Journal of Financial Counseling and Planning. Through a comparison of pre- and post-course assessment data, researchers found significant and consistent gains in financial knowledge for all students regardless of personal or school characteristics and regardless of how the program is implemented with students. In particular, the study focused on the impact of the curriculum on four key student outcomes: financial knowledge, feelings of confidence with the subject, communication with parents on fiscal topics, and current and future engagement with financial systems. …Read More

IT officials: Only one in 10 campuses have ‘cutting edge’ technology

Fourteen percent of students said their professors simply 'won’t use' technology that is available to them.
Fourteen percent of students said their professors simply 'won’t use' technology that is available to them.

Most college students say their schools understand how to use education technology in the lecture hall, but only 9 percent of campus IT officials describe their institution’s technology adoption as “cutting edge,” according to a survey released July 19.

The survey of more than 1,000 IT staff members, faculty, and college students, conducted by CDW Government Inc. (CDW-G), shows that three out of four students surveyed approved of their college’s use of technology, while highlighting two findings that concerned some technologists: only a sliver of respondents defined their campus technology as “cutting edge,” and far more IT staffers push for education technology than do instructors.…Read More

Lawmaker to push for open online textbooks

College students pay more than $900 annually for textbooks.
College students pay more than $900 annually for textbooks.

Every semester, a few students in Steven White’s business and marketing courses ask to borrow the professor’s copy of the course textbook. They can’t afford one for themselves, White said, and their sub-par exam scores show it.

That’s why White, a University of Massachusetts Dartmouth professor since 1998, supports a federal law that aims to lower skyrocketing college textbook costs by making students privy to a class’s book prices before they register for the course, requires publishers to disclose book prices to professors, and rids textbooks of “bundles” like CDs and access to web sites that raise prices.…Read More