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1,276 Nevada students take ‘financial challenge’
by Tribune Staff
Apr 24, 2011 | 1422 views | 0 0 comments | 11 11 recommendations | email to a friend | print
WASHINGTON, D.C. — As part of an ongoing effort to mark national Financial Literacy Month, the U.S. Department of Education and U.S. Department of the Treasury last week recognized the 1,276 Nevada students and 19 Nevada educators who participated in the National Financial Capability Challenge for the 2010-11 school year.

The challenge, which includes a voluntary online exam for high school students, helps teach young Americans about saving, budgeting, investing and other skills critical to building a secure financial future.

A total of 171 Nevada students scored in the top 20 percent nationally and six Nevada students received perfect scores. State-by-state results and sample questions from the exam are online at www.challenge.treas.gov.

“It’s critical for our young people to develop smart financial skills,” said Secretary of Education Arne Duncan in a statement. “If we’re going to prepare our students for 21st century success, we have to teach them about earning and spending, saving and investing. Otherwise, they’re going to learn the hard way: by making mistakes. I’m encouraged to see the steps that teachers and states are taking to make basic financial education a priority and congratulate these students on their great work.”

Education Secretary Duncan and Deputy Secretary of the Treasury Neal Wolin honored top-scoring students at a national awards ceremony at the U.S. Department of Education in Washington, D.C. Nationwide, more than 84,000 high school students and 2,500 educators in all 50 states, as well as in U.S. Department of Defense schools for children of military members around the world, participated in the 2010-11 challenge. Students who scored in the top 20 percent nationally and those who were among the top scorers in their school will receive official award certificates.

State-by-state results available at www.challenge.treas.gov.

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