Do U.S. high school students have the basic financial literacy skills they need to enter the real world? A report being released Wednesday by the National Center for Education Statistics seeks to answer that question. The report, based on an international survey of the financial literacy skills of 15-year-olds, will examine how U.S. students and educational systems compare with their peers around the globe. Based on results from the latest Program for International Student Assessment, the report also breaks down the performance of different socioeconomic and racial/ethnic student groups. State-level results are reported for Massachusetts and North Carolina. The report will make headlines this week, but it also promises to identify financial literacy trends and stories that journalists will be writing about for months to come.
This timely teletraining session, featuring Patrick Gonzales of the National Center for Education Statistics and Billy Hensley of the National Endowment for Financial Education, will cover highlights of the report and offer insights about the findings.
Whether you’re planning breaking coverage of Wednesday’s report or you are involved in ongoing personal finance coverage, this special edition of SABEW’s teletraining series is for you.
Presentation materials:
NCES PISA FL Briefing, SlidesNCES PISA FL Briefing Slides_final (05-22-17)
PISA2015 Financial Literacy Web Tables
Sample financial literacy questions
Building Retirement Security: Linking Financial Education to Retirement Outcomes
Overconfident and Underprepared: The Disconnect Between Millennials and Their Money
OECD – Programme for International Student Assessment
NEFE – High School Financial Planning Program
Presenters:
Patrick Gonzales
U.S. National Project Manager for PISA
National Center for Education Statistics
Patrick leads the Program for International Student Assessment in the United States, which assesses the mathematics, science, reading and financial literacy of 15-year-olds. Patrick’s expertise is in large-scale international education assessments and surveys. He’s spent nearly 20 years developing, implementing and managing multimillion dollar studies for the National Center for Education Statistics within the U.S. Department of Education. He has authored numerous government reports and serves as a reviewer of research on international education comparisons. Patrick holds a doctorate from UCLA.
Billy Hensley
Director of Education
National Endowment for Financial Education
Billy Hensley is the senior director of education for the National Endowment for Financial Education, where he oversees the grants and research department, including management of NEFE’s consumer education programs, collegiate initiatives, and e-learning and web strategy. His primary research interests are financial education, teacher professional development and assessment, the sociocultural influences on behavioral choices, and curriculum design. Prior to joining NEFE in 2010, he was a Research Fellow at the University of Cincinnati and has held program management positions at KnowledgeWorks Foundation and the Ohio College Access Network. Billy holds a doctorate in educational studies from the University of Cincinnati.
