California Council on Economic Education partners with Los Angeles Unified to bring students and families financial education

FOR IMMEDIATE RELEASE

Contact: Lexie Nguyen, (562)-533-3621

Asha Joshi, CCEE’s Board Chair, announces CCEE’s partnership with the Los Angeles Unified School District at a press conference at University High School on May 23, 2019

LOS ANGELES, May 23, 2019 – Officials at the Los Angeles Unified School District (LAUSD) announced plans Thursday to partner with the California Council on Economic Education (CCEE) to improve financial literacy among high school seniors and their families through a financial education initiative.

CCEE will provide financial education to LAUSD high school students and their families at in-person workshops. Thanks to a generous donation from CCEE board member, John Nickoll, and the Nickoll Family Foundation, families will have the opportunity to participate in free Family Financial Literacy Events. The events will consist of three hours of interactive workshops to learn about concepts such as how to budget, save, and the basics of banking and credit.

“I am very dedicated to helping the Los Angeles educational system and strongly believe in the importance of economic and financial literacy as a foundation for individual and community prosperity. I am pleased to make a contribution toward that goal” said Nickoll.

“I’m thrilled that this program will be brought to more students throughout Los Angeles Unified,” stated Connie Moore-Kelly—the Director of the Business and Interactive Technology Academy (BITA) at Hamilton High School—who was one of the first teacher advocates that helped create the pilot for Family Financial Literacy Events with CCEE. “By involving students and their families in structured conversations about money, we’re not only empowering them to make positive decisions about their post-secondary aspirations—we’re addressing financial issues that they could possibly be facing and alleviating stressors that prevent students from being able to come to class and focus fully on their education.”

The financial education initiative comes at an opportune time for California’s K-12 students, as exorbitant student loan debt increases, and young Californians often begin their careers already saddled with debt.

“CCEE is grateful to LAUSD for leading the state by example and demonstrating a strong commitment to financial education for California’s K-12 students,” stated Denise Gutierrez, CCEE’s president and CEO.

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