For more information, contact Richard Doty, (937) 775-3232. 
June 18, 2007 Wright State takes lead in helping teens prepare for personal finance graduation requirements Wright State University is taking the lead to educate Ohio youth on personal finance issues as an important deadline approaches for teenagers: Personal finance education will be required for all Ohio high school students, starting in 2010. Students who can’t master basic personal finance concepts will risk not graduating from high school.The Center for Economic Education (CEE) at Wright State’s Raj Soin College of Business is one of seven statewide locations for a two-day, summer workshop to train teachers in personal finance education. The university is partnering with Ohio Treasurer Richard Corday and the State Department of Education for the June 25-26 training at SunWatch Indian Village in Dayton. D. R. Fannin, CEE director at Wright State, said the goal of the workshop is provide the 50 participating teachers with the tools and information they need to educate the high school students on the importance of personal finance. He said this includes instruction on a student study guide from the National Endowment for Financial Education, which features information on why a financial plan is important; the importance of budgeting; investing; insurance; keeping your money safe and secure; and types of credit and how to use it wisely. “It’s critical for our youth to increase their skill level when it comes to personal finance education to simply survive in today’s economy,” said Fannin, “and this workshop will provide our teachers with the latest skills to help reach this objective.” He noted that Ohio Senate Bill 311, which established the personal finance requirement for high school graduation, specifies development of the curriculum through the statewide Centers for Economic Education. The Wright State CEE serves a 15-county area of west central Ohio. The need for personal finance education has probably never been greater. Studies show many teenagers are in debt, and high school students lack sufficient knowledge of such basic personal finance topics as paying taxes, using credit cards or saving for retirement. And it’s not just teenagers. Foreclosure rates are rising, and many Americans use home equity loans to pay off credit card bills. For the first time since the Great Depression, we are experiencing a negative savings rate, where we spend more than we earn. For more details on the workshop, contact Fannin at (937) 775-2322. 
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