Vt. launches new financial literacy program
MONTPELIER, Vt.—Officials from Vermont's Champlain College are joining state government leaders and financial industry executives to call for better training in Vermont high schools on financial literacy.
State Treasurer Beth Pearce, Champlain College President David Finney and others held a news conference at the Statehouse on Friday to announce that about $270,000 had been raised so far to support the effort, beginning with a study of how effective financial education offered in high schools is now.
They say students should know things like when it's wise to put something on a credit card -- or not -- and how to figure out how big a mortgage one can afford.
Champlain's Center for Financial Literacy is spearheading the effort.