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History

Economics and Personal Finance Course for High School Students – Background

The Center for Financial Responsibility was established in the aftermath of the Economic and Housing crisis beginning in 2007. Specifically, faculty in the College of Business and Economics at Longwood University starting discussing the need for greater financial literacy at all education levels. Discussions quickly spread across Longwood’s campus about the importance of financial literacy being taught to our students.

Longwood University’s Center for Financial Responsibility piloted a  course in economics and personal finance with Henrico County Schools in 2013.  A total of 34 students participated in the piloted course. Since 2013, the program has quickly grown. Twenty-five school districts offered this option to their students in 2016 and over 330 students took the course. Our pass rate for the W!SE Financial Literacy Certification has consistently been 99% or higher since 2013.

The distribution of grades for 2016 were:

Grade Percentage
A 57%
B 25%
C 7%
D 4%
F* 7%

*Note: All those that failed did note complete all of the assignments.

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