Karen Schwartz-Decker from our communications group contributed to this post.
Last week, almost 100 students and their teachers from five Bay Area high schools and one adult school convened at the San Francisco Fed to learn about the importance of personal finance skills in planning for college and careers. This was the second annual Federal Reserve Financial Education Day, which was established as a day of workshops at Feds around the System to provide tools for making wise choices when investing in education and planning for the future. The SF Fed Economic Education Group hosted the event.
In a series of morning breakout sessions, the students participated in a hands-on personal finance workshop facilitated by Lorraine Thayer and learned about the purposes and functions of the Fed from Steven Fisher. They also attended a session to learn about ways of financing college though scholarships. The presentation was delivered by Rema Oxandaboure, but was developed by Joel Bervell, a Yale undergraduate from Seattle who collected over $200,000 in scholarships before graduating from high school.