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FINANCIAL LITERACY "DAY ON THE HILL" SHOWCASES SOLUTIONS TO GET AMERICANS FISCALLY FIT
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Stephanie Bell  
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 More options Apr 28 2008, 11:03 am
From: "Stephanie Bell" <sb...@ja.org>
Date: Mon, 28 Apr 2008 09:03:37 -0600
Local: Mon, Apr 28 2008 11:03 am
Subject: FINANCIAL LITERACY "DAY ON THE HILL" SHOWCASES SOLUTIONS TO GET AMERICANS FISCALLY FIT

NEWS RELEASE

For Immediate Release

April 28, 2008

For More Information Contact:

Stephanie Bell                            

JA Worldwide(tm)

(719) 540-6171

sb...@ja.org

FINANCIAL LITERACY "DAY ON THE HILL" SHOWCASES SOLUTIONS TO GET
AMERICANS FISCALLY FIT

Congress works with partnership of financial education leaders to host
educational summit marking Financial Literacy Month.

          Washington, D.C. - The sixth annual Financial Literacy "Day on
the Hill" will take place today on Capitol Hill in the Hart Senate
Building Room 902. The event will showcase money management education
tools provided by more than 75 financial literacy organizations. The
Partnership for Financial Literacy Policy, which includes Junior
Achievement, the Jump$tart Coalition(r) for Personal Financial Literacy,
and the National Council on Economic Education (NCEE), will host the
high-profile forum. Honorary co-chairs include Senators Daniel Akaka
(D-HI) and Michael Enzi (R-WY). Honored guests invited to attend include
Representatives Ruben Hinojosa (D-TX) and Judy Biggert (R-IL). In
addition, more than 200 Congressional staff persons are slated to
attend.

Jack E. Kosakowski, president of Junior Achievement USA and a member of
the President's Advisory Council on Financial Literacy, noted, "Junior
Achievement is meeting the critical need for financial education by
teaching millions of young people how to manage their finances. Our
programs use age-appropriate, hands-on lessons to teach kids how to
budget, determine the cost of loans and revolving credit, and how to
make wise saving and investing decisions. Knowing how to effectively
manage their finances can help young people avoid being part of future
credit crises. We're proud to join with our partners and demonstrate
leadership on this critical issue affecting the lives of millions of
Americans."

          "This event is a natural fit for Jump$tart because it is a
powerful depiction of the collective strength of many organizations
working together, yet still a showcase of the unique, individual
contributions of each," said Laura Levine, executive director of the
Jump$tart Coalition, who is also a member of the President's Advisory
Council on Financial Literacy.  "In the financial literacy effort, the
solutions can be found here, among our partners."

"We at the NCEE believe our young people deserve to know about the
economic system they will be working in, contributing to, benefiting
from, and ultimately, inheriting," added NCEE's President and Chief
Executive Officer, Robert Duvall, a member of the President's Advisory
Council on Financial Literacy.  "There are few matters which more
directly address the traditional American virtues and values of
self-reliance, individual responsibility, and good citizenship then
economic and financial literacy. With the current economic situation,
NCEE has a growing and timely opportunity to be a key part of the
solution, as both a leading advocate for economic and financial
education, and provider of comprehensive K-12 programs for the schools."

          Separately, the U.S. Senate and U.S. House of Representatives
passed resolutions declaring April as Financial Literacy Month,
underscoring the Congressional commitment to increasing public awareness
and dialogue around the issue.

The Financial Literacy "Day on the Hill" event was sponsored by the
American Institute of CPAs, Bank of America, Capital One, Freddie Mac,
The Goldman Sachs Foundation, HSBC-North America, and State Farm.

About Junior Achievement(r) (JA)

Junior Achievement is the world's largest organization dedicated to
inspiring and preparing young people to succeed in a global economy.
Through a dedicated volunteer network, Junior Achievement provides
in-school and after-school programs for students which focus on three
key content areas: work readiness, entrepreneurship, and financial
literacy. Today, 139 individual area operations reach more than four
million students in the United States, with an additional 4.3 million
students served by operations in 118 other countries worldwide. For more
information, visit www.ja.org <http://www.ja.org/> .  

About Jump$tart

The Jump$tart Coalition(r) has grown to include more than 180 national
partners and 48 affiliated state coalitions. The Jump$tart
Clearinghouse, which lists more than 700 titles of financial literacy
materials available for all, can be found at
www.jumpstartclearinghouse.org <http://www.jumpstartclearinghouse.org/>
.  A map of state-by-state financial education requirements can be found
at www.jumpstart.org <http://www.jumpstart.org/>  under "Legislation."
More information about Jump$tart and its biennial survey can be found at
www.jumpstart.org <http://www.jumpstart.org/> , including a media press
kit with information on its survey in the "News" section.

About The National Council on Economic Education (NCEE):  The National
Council on Economic Education is a non-profit, non-partisan organization
dedicated to improving economic, financial, and entrepreneurship
literacy. Both directly and through its unique nationwide network of
State Councils and more than 200 university-based Centers for Economic
Education, NCEE's programs reach over 150,000 K-12 teachers and more
than 15 million students each year. For more information about the NCEE,
please visit www.ncee.net.

###


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