National Endowment for Financial Education

According to our new nationwide #OpinionPoll, 47% of U.S. adults believe their #FinancialLives will be impacted in the short term by the outcome of the upcoming 2024 #PresidentialElection. "NEFE is committed to being a centralizing, nonpartisan voice in #FinancialEducation and we recognize that the ballot box is one method individuals utilize to take control of their #FinancialWellBeing" - Billy J. Hensley, Ph.D., President and CEO, NEFE. Learn more: https://bit.ly/3NJiW4l #FinancialLiteracy #2024Election

This year's #Impact Awards went to two remarkable #FinancialLiteracy advocates who have sought meaningful change, significant achievement and measurable impact in #FinancialEducation. Our winners, John Pelletier and Dr. Julie Heath, hold a body of work that is foundational for our field by contributing to its momentum, shaping best practices and advancing #FinancialWellBeing. Read more: https://bit.ly/3Yr0tzI 

We’re #Hiring a part-time #Policy and Advocacy intern to assist in analyzing K-12 #FinancialEducation legislation, developing content for NEFE one-pagers and more. This position will run from January to June and is perfect for students seeking work experience in the Policy space, as well as for individuals looking to transition into the field. Learn more and apply today: https://lnkd.in/gbdZky7J #FinancialLiteracy #FinancialWellBeing

“We gained excellent insight from last year’s #StudentLoan #OpinionPoll data and knew a follow-up survey with borrowers one year later would offer additional nuance and context to those viewpoints. In comparing the data from the two polls, we better understand the impact borrower planning, new knowledge, interactions with loan providers, policies by the federal government and other changes have had since repayment began. It also seems that some anticipated outcomes, such as the number of borrowers needing to make budgetary adjustments, may not have been as severe.” – Billy J. Hensley, Ph.D., President and CEO, NEFE, on the results of this year’s #StudentLoan #OpinionPoll. Read more: https://bit.ly/4gQif6x

Our #Innovation Award was created to recognize organizations and individuals who have exhibited leading-edge work and groundbreaking progress in #FinancialEducation. Join us in congratulating the Financial Education Public-Private Partnership and the Financial Literacy Youth Initiative! More on this year’s Innovation award winners: https://bit.ly/3Yr0tzI

Our new #OpinionPoll asks U.S. adults who currently have or have had #StudentLoans about the impact of the end of the payment pause had nearly one year after it went into effect. Highlights from this new poll include: A breakdown of the 74% of borrowers who made budgetary adjustments includes 28% who cut up to $500 from their monthly budgets, 21% who cut between $500 and $1,000 and 10% who cut more than $1,000. More statistics: https://bit.ly/4gQif6x #FinancialEducation #EconomicEducation #FinancialLiteracy

⏰ NEW OPINION POLL ⏰ Over the past year, we’ve been monitoring the #StudentLoan payment pause as it has evolved, and borrowers have adapted to changes. We have collected new data, replicating the in-depth 2023 opinion poll on sentiments about student loans, to assess borrowers’ perceptions compared to the actual impact of payments restarting. View the results: https://bit.ly/4gQif6x #FinancialEducation #FinancialLiteracy #FinancialWellBeing

 At our recent #FinancialEducation Innovation and Impact (#FEII24) Summit, we announced the newest recipients of the NEFE Innovation Award and the NEFE Impact Award.   “Recognizing the winners of the Innovation Awards and the Impact Awards is one of my favorite parts of our FEI&I Summit. This year’s nominees stood out among many exceptional candidates and are truly deserving of this recognition” – Billy J. Hensley, Ph.D., President and CEO, NEFE. Learn more about our award winners: https://bit.ly/3Yr0tzI Financial Literacy Youth Initiative, University of Cincinnati, Champlain College, #FEPPP 

Today is #IndegenousPeoplesDay – a US holiday that honors and celebrates indigenous American peoples and commemorates their histories and cultures. Join us in celebrating their cultures, traditions, and leadership that make our nation stronger, richer, and more diverse.

That’s a wrap on day two of the National Endowment for Financial Education's 2024 Financial Education Innovation & Impact Summit #FEII24! As we bring the Summit to a close, I must acknowledge how filled I am with gratitude and hope. I am appreciative of each of you as the leaders in the field of #financialeducation. Our opening keynote this morning—Megan Gorman, founding partner of the female-owned Chequers Financial Management, member of the #NEFE Board of Trustees, and now a best-selling author—presented on money lessons learned through the history of presidents and how the American Dream is being redefined for many. This led nicely into our breakout sessions, which included conversations on the challenges and effectiveness of #K12 instruction, the importance of closing the racial wealth gap and barriers to financial participation. A highlight from the Summit was the engagement wall. Our hope was that attendees would include their viewpoints to inspire others. Some of my takeaways, which encapsulated the overall feeling of the event, include: - Start early - Encourage the heart - Be trauma informed - Know that others are just as inspired as you The planning and execution of this convening requires tremendous effort. I am so proud of the NEFE staff, who demonstrated skill, support and expertise in crafting this event. NEFE’s role as a convener is essential in bringing value to our field. We hope you found this gathering beneficial in helping advance your work. I want to express our appreciation to each of you who attended the Summit. You all brought unique experiences and insights, and so much can be learned and leveraged from the expertise of those who gathered here in Denver. We hope this event spearheaded new collaborations, partnerships and ideas that will benefit you in your work. Two days ago, I said that I hoped by the end of the Summit we would have generated enthusiasm, thoughtful dialogues and collective strategies to advance all of our work. We accomplished that! NEFE will continue to be present in support of your work to advance effective, equitable and inclusive financial education. Huzzah! #FEII24