The Genworth Foundation announced today a three-year commitment to strengthen financial education in more than 300 high schools across the Commonwealth of Virginia. The announcement, made at Henrico County’s Hermitage High School, included Lieutenant Governor William “Bill” Bolling and Secretary of Education Gerard Robinson.
High school seniors scored just 48% on a recent national financial literacy test conducted by the Jump$tart Coalition—testing students’ knowledge on credit, saving, insurance and retirement. Genworth’s initiative, My Money, My FutureSM, helps address this gap with the introduction of a lifestyle-based, online financial literacy platform—offered through EverFi, Inc.—as part of a program to provide Virginia high school teachers with an innovative economic and personal finance learning tool. Washington D.C.-based EverFi has designed a six-hour online course that is being introduced at Hermitage High School and more than 100 other high schools statewide for the 2010-2011 school year.
For more information on Genworth Financial's announcement or EverFi, Inc., please see Genworth's press release below or visit EverFi's website www.everfi.com