Discover Survey Suggests Financial Education Courses Are Helping Americans Become More Confident with Their Finances
01 Novembre 2018 - 1:00PM
Business Wire
-- Discover Expands Pathway to Financial
Success in Schools Program with Discovery Education, Offering
Financial Education Curriculum to Middle School Students Across the
Country --
Fifty-nine percent of Americans ages 18-26 who have taken a
financial education course believe the lessons will save them more
than $10,000 over the course of their lifetimes, according to a new
survey from Discover.
Discover released the survey results today in conjunction with
Discovery Education as the two companies announced their Pathway to
Financial Success in Schools program will be extended to a younger
age group: middle school students. The program provides
comprehensive financial literacy curriculum free of charge through
self-paced modules, classroom activities and family extension
activities. The two companies launched a financial education
curriculum for high school students last November.
The survey also revealed more than three quarters (78%) of
respondents have taken a financial education course at some point
in their lifetimes, and 81 percent of those who took a financial
education course in college or as adults report feeling somewhat or
very confident in their ability to make smart financial
decisions.
“It’s encouraging to see younger Americans investing in their
financial futures,” says Matt Towson, Director of Community Affairs
for Discover. “It’s important to think of new ways to help
Americans of all ages become more financially empowered and capable
when it comes to their finances so they can take control of their
financial future.”
“Our shared goal with Discover is to provide immersive and
engaging instruction to promote fiscal responsibility among young
students,” said Lori McFarling, senior vice president and chief
marketing officer, Discovery Education. “We are excited to
expand the Pathway to Financial Success program in order to empower
the next generation to make prudent and informed financial
decisions.”
The survey showed more young consumers (ages 18-22) have taken
financial education courses (80%) compared to those just a few
years older than them (ages 23-26; 76%), which may suggest more
schools may be offering financial education as part of their
curriculum compared to a few years ago. Further, knowledge about
whether schools are required to offer financial education courses
seems to be increasing over time. The survey found 44 percent of
consumers ages 18-22 live in a state where schools are required to
offer financial education courses to students, compared to 35
percent of consumers ages 23-26.
“It’s exciting for educators to be empowered to teach students
financial literacy and healthy money management habits.
Through the ‘Pathway to Financial Success in Schools’ program,
Discovery Education and Discover Financial Services are providing
students nationwide with engaging tools that make it simple to
understand how to make smart financial choices in every aspect of
their lives,” said Jacqueline Prester, Business and
Technology Teacher, Mansfield Public Schools,
Massachusetts.
Since its inception in 2017, Pathway to Financial Success in
Schools has made a profound impact on high schools across America.
It has reached approximately 119,244 students nationwide and
continues to empower high school students to achieve better
financial futures.
Pathway to Financial Success in Schools resources are available
at no cost at pathwayinschools.com and are also available through
Discovery Education Streaming. For more information about Discovery
Education’s digital content and professional development services,
visit discoveryeducation.com. Stay connected with Discovery
Education through social media on Facebook, Twitter,
Instagram and Pinterest @DiscoveryEd.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and
payment services company with one of the most recognized brands in
U.S. financial services. Since its inception in 1986, the company
has become one of the largest card issuers in the United States.
The company issues the Discover card, America's cash rewards
pioneer, and offers private student loans, personal loans, home
equity loans, checking and savings accounts and certificates of
deposit through its direct banking business. It operates the
Discover Global Network comprised of Discover Network, with
millions of merchant and cash access locations; PULSE, one of the
nation's leading ATM/debit networks; and Diners Club International,
a global payments network with acceptance in 190 countries and
territories. For more information,
visit www.discover.com/company.
About Discovery Education
Discovery Education is the global leader in standards-based
digital content and professional development for K-12, transforming
teaching and learning with award-winning digital textbooks,
multimedia content that supports the implementation of Common Core,
professional development, assessment tools, and the largest
professional learning community of its kind. Serving 4.5 million
educators and over 50 million students, Discovery Education's
services are in half of U.S. classrooms, 50 percent of all primary
schools in the UK, and more than 50 countries. Discovery Education
partners with districts, states and like-minded organizations to
captivate students, empower teachers, and transform classrooms with
customized solutions that increase academic achievement. Discovery
Education is powered by Discovery Communications (NASDAQ: DISCA,
DISCB, DISCK), the number one nonfiction media company in the
world. Explore the future of education at
www.discoveryeducation.com.
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DiscoverMatt
Towsonmatthewtowson@discover.com224-405-5649orDiscovery
EducationCharmion
KinderCharmion_Kinder@discovery.com240-274-2173
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