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U.S. SEN. Allard Promoted Financial Literacy at the University of Colorado
Englewood, CO - U.S. Sen. Wayne Allard (R-Colo.) will address University of Colorado students today to emphasize the importance of financial education.
“We cannot have more young people file for bankruptcy every year than graduate from college,” said Allard. “Community leaders and the financial industry must continue to raise the student awareness about financial literacy as they prepare to enter the working world.”
Joining Allard for the discussion will be Dan Iannicola Jr., deputy assistant secretary of the U.S. Department of Treasury, Katrina Miller, a financial advisor with the Financial Planning Association, Jason Alderman, director of financial education for Visa USA and Susan Morley, senior instructor in accounting at the University of Colorado’s Leeds School of Business. A question and answer session will follow the discussion.
“I want to commend Senator Allard for recognizing that financial literacy is an essential life skill,” said Iannicola of the Treasury Department. “When we train our young people on how to save, invest and borrow wisely, we empower them to live life of choice, not life of chance. That's the kind of life-changing difference financial education can make."
“Visa is proud of its decade long commitment to financial education and to be working with Senator Allard in his efforts to promote and strengthen financial literacy efforts in Colorado,” said Alderman, of Visa USA. “The focus of today’s seminar is critical because personal finance education is vitally important for college students.”
“Americans face personal financial pressure not seen in decades,” said Morley, with the University of Colorado’s Leeds School of Business. “The Leeds School is an outstanding venue for discussion on this issue because the school offers a personal financial planning course to students that provides them with the necessary knowledge and tools to successfully make and carry out a plan for their financial futures. Starting students early in managing their money should prevent or at least moderate financial stress.”
“Not one person or group can succeed in assembling a financial education system alone. It takes the cooperation of many to ensure success in financial literacy,” said Allard. “This issue is so important for young people and I appreciate the leadership of my fellow panelist as we work together to address this issue.”
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