My Classroom Economy Evaluation: Early Findings

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Final results of the My Classroom Economy are available at go.wisc.edu/5vxlz5. This brief presents early findings that are updated in the final report and brief.

This brief highlights early findings from the Center for Financial Security’s evaluation of the My Classroom Economy (MyCE) financial education program. MyCE is an experiential approach to teaching financial knowledge and skills. Students learn financial lessons through direct experience: they earn classroom “dollars” for jobs they perform, use this currency to pay rent for their desks, and are subject to bonuses and fines as determined by their teacher. Materials are available free of charge from myclassroomeconomy.org.

The Center for Financial Security has been working with the School District of Palm Beach County to evaluate the program in 113 classrooms across 24 schools during the 2015-2016 school year. This brief highlights results from student, parent, and teacher surveys.

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The evaluation is funded by the U.S. Department of the Treasury’s Financial Empowerment Innovation  Fund (performed under contract TOS-14F-0028). My Classroom Economy is underwritten and made freely available by Vanguard.

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