October 30, 2023 - The Northern Kentucky University Haile College of Business announces a research collaboration with the National Endowment for Financial Education (NEFE) that aims to increase financial literacy in primary and secondary education.
“We are excited for this important work and research collaboration with NEFE. At Haile, we are committed to improving financial literacy in our community. Our efforts will help improve how we teach personal finance and increase access to financial education,” noted associate dean, Abdullah Al-Bahrani.
The research collaboration between Haile and NEFE will help design assessments for fourth and eighth graders, as well as high school seniors, to reflect the new national standards for financial literacy. The Haile College of Business will also create an evaluation to assist educators, policymakers and researchers assess financial education and knowledge.
“These assessments will offer important insight into measuring financial education effectiveness. While more learners have access to a quality financial education experience than in years past, significant disparities in equity and access remain critical, specifically in K-12 instruction,” says Billy J. Hensley, president and CEO of NEFE. “It is important to create assessment and evaluation tools that assure educators and advocates can better understand the outcomes of financial education coursework and programming on students.”
Haile College of Business was chosen for the collaboration due to its continued dedication and commitment towards increasing financial literacy in schools and in the community, as well as housing some of the leading experts in the areas of finance and economics.
To learn more about Haile’s initiatives towards financial literacy, visit the Center for Economic Education website.
About NEFE: The National Endowment for Financial Education (NEFE) champions effective financial education. We are the independent, centralizing voice providing leadership, research and collaboration to advance financial well-being. As one of the first organizations to wholly dedicate its efforts on improving the effectiveness of financial education, we continue our legacy of strengthening action-oriented research agendas, mobilizing intermediaries, and creating better solutions for researchers, educators, practitioners and policymakers.
About the Haile College of Business: The Haile College of Business is committed to providing a top-quality, well-rounded business education that will equip you with the skills and tools necessary to be successful in today’s challenging world. We do this through the promotion of academic excellence; a focus on building a strong community of faculty, staff, students and alumni; partnerships both locally and globally that all contribute to excellence and engagement in business education.
About Northern Kentucky University: NKU is an entrepreneurial state university of more than 15,000 students on a thriving suburban campus nestled between Highland Heights, Kentucky and bustling downtown Cincinnati. Ranked in the top 50 out of 400 universities nationwide by The Wall Street Journal for exceptional value, we are a regionally engaged university committed to delivering an innovative, student-centered education. We empower our graduates to have fulfilling careers and meaningful lives, while contributing to the economic, civic and social vitality of the region. Learn more at nku.edu.