Education Law

No Escape

So, are you tired of hearing about the bad financial times we're currently bogged down in and hearing about on a daily basis? If you're like BoardBuzz, you wonder if FDR's first inaugural message of "the only thing we have to fear is fear itself" couldn't ring more true. We won't bemoan all of the indications that our economy is struggling, so we thought maybe there's a ray of hope in this story coming out of Newark.

Newark is an urban area that has had its share of troubles over the years. But if you pay attention to some of the political news, you may have heard of a young, talented, and dedicated mayor named Cory A. Booker. He's hoping to make Newark a great city and turn around years of problems. One way to start is with Newark's schools. In a new program, students in one high school are becoming part-time bankers. A branch opened in their high school and the students that work as tellers in school also will work in the community at local banks. They get trained as Capital One tellers and even get to stay at a local university as they take college preparation classes for a week. They also learn about financial planning, money management and career readiness skills.

While we spend so much time hearing about the financial woes occurring around the country, it sure is encouraging to hear that the next generation will receive financial planning education to gain an understanding about how money flows locally, and not just toward large corporate bailouts. BoardBuzz loves it when students are taught financial responsibility. Our friends on Wall Street could take a lesson.

Full post as published by BoardBuzz: NSBA's Daily Weblog on November 17, 2008 (boomark / email).