Current California Jump$tart News & Press Releases

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Pare subprime bailout -- invest in schooling youth

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November 26, 2008 - (by Steve Rosen, The Kansas City Star, Kansas City, MO) -- The best offense is a good defense.  As I mull over the billions of tax dollars being spent to clean up the subprime mortgage mess, I keep thinking there must be a better way to put those financial resources to work.
My suggestion: Redirect part of that money into educational programs to teach the younger generation about adjustable-rate mortgages, credit cards, investing and other financial skills.

It may not be the American way, but I think it's far better to prevent the problem than to try to fix it after the damage has been done. And while it may be difficult to prove, I think exposing students to financial education before they graduate from high school will save society money in the long run from the likes of credit card woes, bankruptcies and family stress brought on by money issues.

America Saves Week 2009

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November 7, 2008 - The third annual America Saves Week is scheduled for February 22-March 1, 2009, and early reports indicate that the Week will have more participation and a broader reach than ever before.
 
Activities for America Saves Week 2009 are being coordinated by the America Saves campaign and by the American Savings Education Council, who are working with a large coalition to promote the savings message and foster better savings behavior. Among the many companies, agencies and organizations committed to participating are the Cooperative Extension Service, WorldatWork and the Department of Defense.

America's High School Students are Invited to Take The Challenge!

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October 28, 2008 - The President's Advisory Council on Financial Literacy has recommended that the U.S. Department of the Treasury reprise the National Financial Literacy Challenge in Fall of 2008. The Challenge is a voluntary 35-question test that high school students can take to earn recognition for their financial knowledge.  The Fall Challenge will run from November 3 - 26, 2008.