Strayer University Teams Up with the Washington Redskins to Provide a Personal Finance Playbook

  Strayer University Teams Up with the Washington Redskins to Provide a
  Personal Finance Playbook

Redskins Players Learn the Importance of Financial Planning and How to Prepare
                            for Long-Term Success

Business Wire

WASHINGTON -- December 11, 2012

Strayer University announced today that it will partner with the Washington
Redskins to offer a three-part financial planning series for players and their
families. The Strayer University course developed specifically for
professional athletes, “Your Financial Playbook,” teaches NFL players the
importance of long-term financial planning and how to manage personal
finances. The course addresses the unique pressures that professional athletes
face to protect, invest and manage career earnings during their time in the
NFL and in retirement.

“I personally know the importance of understanding financial commitments and
how just one mistake can have a lasting impact on you and your family,” said
Joe Gibbs, former Redskins coach, Hall of Fame member and founder of Joe Gibbs
Racing. “I learned a lot from my mistakes, but I also witnessed how many
players struggled with finances over the years. I am excited to work with
Strayer to provide these players the opportunity to gain a better
understanding of their finances and how to avoid many of the common mistakes.
I appreciate Dan Snyder and Coach Shanahan allowing us to provide these
classes to the Redskins players.”

Strayer University is teaming with Gibbs to bring the financial management
course to both new and seasoned players. Gibbs will kick off the program by
sharing his personal experience with financial hardship and will describe how
clear and focused planning can assist professional athletes in preparing for
long-term financial security. During the three-part series, Strayer University
financial experts will provide information ranging from the psychology of
money to managing large purchases, building and protecting wealth, and working
with trusted advisors to set and meet financial goals.

“Playing professional football is a dream come true for me,” said Lorenzo
Alexander, Redskins linebacker and program participant. “With that dream comes
a lot of responsibility and requests. With three young daughters, it is
especially important that my wife and I plan for our future. Having a better
understanding of how to plan, budget and invest will help give my family
greater financial security today and tomorrow.”

Studies show that approximately 78 percent of NFL players who have been
retired for two years or more are either bankrupt or under financial stress.
Pressures such as large requests from family members and acquaintances, bad
investments, and poor spending habits can lead to serious financial distress.

“Now in our third year offering financial management courses to professional
football players, we continue to be committed to helping the players and their
families,” said Karl McDonnell, chief operating officer, Strayer Education,
Inc. “The coursework is designed by Strayer University professors and
financial experts to provide participants with an overview of personal wealth
management and in-depth information on the skills they will need to build and
preserve a successful financial future that goes long beyond their football
careers.”

The financial management series will take place Dec. 10, Dec. 11 and Dec. 17
at Redskins Park, the training facility and year-round headquarters for the
Redskins, in Ashburn, Va.

Founded in Baltimore 120 years ago, Strayer University offers relevant and
rigorous academic programs to working adults, first-generation college
students and others who often do not have access to higher education, helping
to prepare them for success in today’s competitive job market. Strayer
University graduates earn degrees in programs ranging from business
administration and accounting to education and information systems.

About Strayer University

Strayer University is accredited by the Middle States Commission on Higher
Education and has been in operation since 1892.The University offers
undergraduate and graduate degree programs in business administration,
accounting, information technology, human resource management, education,
health services administration, public administration, management and criminal
justice to working adult students at 97 campuses in 23 states and Washington,
D.C., as well as worldwide via the Internet.Strayer University also offers an
executive MBA online through its Jack Welch Management Institute. Strayer
Education, Inc. (Nasdaq: STRA) is an education services holding company that
owns Strayer University. For more information, visit www.strayer.edu or call
1-888-4-STRAYER (888-478-7293).

Contact:

Strayer University
Cristina Henley
Work: 703-561-1913
Cell: 703-431-3691
cristina.henley@strayer.edu
 
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