RSI Corporate - Licensing

How Being Multilingual Can Affect Your Financial Future

Odyssey – Serena Hajjar

“With growing interdependence among countries, multilingualism is becoming an increasingly important asset, especially in the workplace. Today, the most prosperous economies in the world are driven by open- and free-trade principles. This requires constant interaction with people from all around the world, people from vastly different cultures. To successfully participate in this globalized economy, it’s important to recognize that not everyone will speak your language (that would be a rather pretentious assumption)…the law of supply and demand plays a significant role in determining the economic value of various languages…to maximize your earning potential, learn a language which is in high demand, but low supply.”(more)

Not All Financial Education Is Effective. Here Are 4 Ideas That Work

NPR Ed – Gabrielle Emanuel

“…statistics show how woefully uniformed Americans are about their finances. This situation has prompted both federal and state efforts to increase financial education. But there’s a problem: Research suggests financial education may not lead to better financial choices. In the short term, personal finance classes sometimes lead to better scores when students are quizzed on subjects like credit, debt and banking. But …There’s no clear link between taking personal finance classes and saving more, paying off debts or raising your credit score…That doesn’t mean we should stop teaching about money. It just means we need to do it better…there are techniques that seem to work.”(more)

Focusing on Financial Literacy for Students

Homeroom – Elizabeth Coogan

“April is National Financial Capability Month. Decisions about paying for higher education can have lasting impact on individuals and our economy…Financial literacy, which can be defined as an understanding of how to earn, manage, and invest money, has a critical impact on students’ ability to make smart choices about which institute of higher education to attend, what to study, how to pay for college, and how to manage student loan debt after graduation…The choices students make while in school often have a direct impact on their financial futures…To help students make wise decisions about higher education, our office of Federal Student Aid (FSA) offers several learning resources…”(more)

Return on Investment from Your College Degree

Change the Equation – Staff Writer

“There’s been a lot of discussion in the presidential campaign about the high cost of college education. It goes without saying that pursuing a master’s or a PhD adds even more to the cost. After spending all that time and money, how much are you likely to earn? How can a prospective college student make an informed choice of major. Payscale.com recently published their College Salary Report 2015-2016 They ranked college and graduate school majors from best to worst in terms of pay potential, using median early-career and mid-career annual earnings. This is the eighth year they have published such a study. The results are unequivocal: STEM majors lead to the most remunerative careers.”(more)

Celebrities And Business Leaders Unleash Philanthropic Flashmob, #BestSchoolDay, Funding Classroom Requests On DonorsChoose.org In Communities Spanning 47 States

PR Newswire – Press Release

“Today, more than fifty athletes, actors, founders, and philanthropists announced a surprise “flash funding” of classroom projects posted on DonorsChoose.org in communities across America. Collectively, these individuals committed over $14 million to fund nearly 12,000 projects, including books, art supplies, science equipment, field trips, and more. They are now challenging the public to join them by donating to classroom projects on DonorsChoose.org, making it a #BestSchoolDay for public school teachers and students nationwide. “We all remember special days at school, whether it was going on a field trip, doing a science experiment, or performing in a school play,” said Charles Best, founder and CEO of DonorsChoose.org. “Teachers have a hard time providing these experiences when they have to go into their own pockets to buy school supplies. We’re so grateful to the people who have kicked off this philanthropic flashmob, and we hope that everyone–no matter the size of their wallet–will join this act of mass generosity by supporting a classroom project and committing to make every day a #BestSchoolDay.””(more)

The Obama Administration Proposes $2 Billion More In College Aid

NPR Ed – Anya Kamenetz

“President Obama has increased college aid by over $50 billion since coming into office. And he’s trying to do more. Acting Education Secretary John King announced two new proposals today that would expand the Pell Grant program, the biggest pot of federal money for students with financial need…Both of these ideas are examples of a current trend in higher education: financial aid used as a carrot to encourage students to complete their degrees.”(more)