An Early Start on Financial Literacy Pays Off

TL;DR

Ariel Community Academy in Chicago uses financial literacy education to engage students living in poverty and improve graduation rates and college enrollment.

Transcript

David: One of the biggest challenges that schools everywhere face is engaging their students in the education process. Making school relevant. Making school matter to the kids and their families. We're always looking for a school that's nailed that challenge. In this month's, "Schools that Work," installment, we go to the Ariel Community Academy ... Read More

Key Insights

• 🧑‍🎓 Financial literacy education can be an effective tool for engaging students in learning.
• 💨 Teaching financial literacy in a relevant and relatable way can improve academic outcomes.
• 😘 Low-income children face challenges and limited opportunities, making financial literacy education even more important for their future success.
• ↘️ Graduating high school and attending college are attainable goals for low-income students when provided with the right tools and support.
• 🤔 Critical thinking skills need to be accompanied by action, and financial literacy education provides an avenue for practical application.
• 🧑‍🎓 Engaging students through literature and storytelling can enhance their understanding and investment in learning.
• 🎴 Financial literacy education can level the playing field for low-income students, giving them opportunities to network and ensure a brighter future.

Questions & Answers

Q: What is the biggest challenge faced by schools everywhere?

One of the biggest challenges faced by schools is engaging students in the education process, making school matter to them and their families.

Q: How does Ariel Community Academy engage students in education?

Ariel Community Academy engages students through financial literacy education, teaching them about money, family economy, and critical decision-making.

Q: How do Ariel students perform academically compared to other students?

Ariel students perform well academically, with 97% graduating from high school and 65% matriculating into college. They also score better in math and reading.

Q: Why is financial literacy education important for low-income children?

Financial literacy education is crucial for low-income children as it equips them with important skills, opportunities, and the empowerment to take charge of their lives and strive for success.

Summary & Key Takeaways

• Ariel Community Academy in Chicago has successfully engaged students and their families by teaching them financial literacy.

• The academy focuses on teaching students about money, family economy, and critical decision-making.

• With a curriculum that is relevant and relatable to the students' everyday lives, Ariel students excel in math and reading.