Loot, Inc. is a resource for teaching financial literacy and a virtual community of practice for teachers.
The Teachers College financial literacy initiative -- in which Loot, Inc. is a part of -- is designed to bring experiential learning about personal finance into under-resourced, urban high school classrooms. This first-of-its-kind initiative provides social studies teachers in grades 11 through 12 with intensive professional development and customized curricula. The lessons and their supporting materials can be integrated easily into history and economics classes, providing teachers with a range of opportunities for introducing concepts of financial literacy. The project will be expanded to include other grade levels in the future. Available classroom materials include eight case studies that be integrated into existing curriculum.
This resource consists of classroom materials (case studies) and teachers guides designed to develop financial literacy and critical thinking skills. The materials are designed for students in traditional high schools, Grades 11-12. The topics are timely and important for adults at all stages of life, and the dilemma mapping activity can be a useful tool for development of critical thinking and evaluation skills. However, the materials are written at a reading level that is too challenging for adults enrolled in most ABE/ESL instruction. In addition, most of the case studies are presented from a middle-class perspective that may not be appropriate or effective for use with adult learners in ABE/ESL.
Loot, Inc. is a great basic financial literacy resource developed by Teachers College at Columbia University. It is applied learning at its best. Loot, Inc. is a case study driven resource that uses relevant situations and topics in personal finance as a learning vehicle for young adults. The Quick Start Guides are teacher resources for program implementation and instruction. Any high school or young adult workforce development program that is considering implementation of personal finance curriculum should review this resource.
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