Rep. Greg Pence (IN-6) visited with college students at Triton Central Center Faculty on Monday to take part within the SIFMA Basis’s Capitol Hill Problem program, underwritten by the Charles Schwab Basis.

The 14-week monetary training competitors pairs members of Congress with public colleges in each congressional district nationwide, equipping center and highschool college students to turn out to be financially succesful and civics minded.

Rep. Pence spoke with scholar groups who’re managing a hypothetical $100,000 funding portfolio this semester of listed shares, bonds, mutual funds and affect investments. The scholars are additionally studying about saving, investing and the worldwide capital markets.

The competitors makes use of the SIFMA Basis’s curriculum-based Inventory Market Sport, a monetary training program that’s confirmed to advance college students’ efficiency on math and economics assessments and enhance college students’ and lecturers’ private monetary conduct.

“For greater than a decade, the SIFMA Basis’s Capitol Hill Problem and Inventory Market Sport have helped college students from across the nation turn out to be financially succesful,” mentioned Kenneth E. Bentsen, Jr., SIFMA president and CEO. “Our trade is dedicated to serving to college students study the significance of saving and investing, whereas additionally offering them a strong basis to realize their future monetary targets. I’d like to provide particular because of lawmakers like Rep. Pence who’re connecting personally to have interaction college students on these vital points.”

Managing Director for Legislative and Regulatory Affairs at Charles Schwab Jeff Brown mentioned that since day one, Schwab made a dedication to creating funding and monetary training accessible to everybody.

“Our assist of the Capitol Hill Problem is an extension of our dedication to advocating for extra monetary literacy packages and to giving individuals the training and instruments they should take management of their monetary futures,” he mentioned. “We applaud Congress for its dedication to advancing college students’ understanding of private finance.”

SIFMA Basis President Melanie Mortimer mentioned the muse understands how essential it’s to tell and put together younger individuals for his or her monetary lives.

“By means of public-private collaborations just like the Capitol Hill Problem, the SIFMA Basis is happy to work with each U.S. Member of Congress and Charles Schwab to carry monetary functionality to public colleges nationwide,” she mentioned. “We thank Congress for this dedication, and we commend leaders like Rep. Pence who improve this system’s affect by just about visiting their native colleges.”

For the reason that Capitol Hill Problem started in 2004, this system has coordinated greater than 7,000 matches of U.S. representatives and senators with colleges, reaching greater than 158,000 college students. Center and highschool college students from all 50 states, American Samoa, Guam, Puerto Rico, Virgin Islands, and the District of Columbia are taking part on this 12 months’s competitors.

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