The Hechinger Report – Chris Berdik
“In the fall of 2008, Ted Gonder was studying economics at the University of Chicago as the world economy melted down around him. “We were learning about the collapse in this ivory tower, theoretical, Wall Street Journal context,” Gonder recalled. “But a few blocks from campus was one of the hardest hit inner-city neighborhoods—a bank desert with one of the highest foreclosure rates in the country.” The juxtaposition led Gonder and some classmates to start a financial education program for high school students in schools in low-income communities. Now a nonprofit called Moneythink, it has with 30 university chapters in 10 states, Moneythink takes a blended learning approach, by mixing personalized mentoring with the power of social media.”(more)