The LIFE Foundation Joins with Scholastic to Help High School Teachers Educate Students on Financial Literacy

The LIFE Foundation Joins with Scholastic to Help High School Teachers Educate
                        Students on Financial Literacy

PR Newswire

ARLINGTON, Va., Jan. 28, 2013

ARLINGTON, Va., Jan. 28, 2013 /PRNewswire/ --The nonprofit LIFE Foundation is
joining with Scholastic this year for its Next Generation education program,
which is designed to provide high school teachers with interactive tools to
educate students about the importance of proper financial planning and risk
management, and prepare them to make wise decisions for their future. The
core focus of the program is personal responsibility in the context of
financial management skills.

Teachers can access the content for the Next Generation program through the
Scholastic website at, which includes
quizzes, lesson plans and videos focused on the value of personal financial
responsibility, as well as information about how different kinds of insurance
are part of personal financial planning. Through these resources, students
will learn how to recognize and manage financial risks and gain skills that
can serve them when they're confronted with important financial decisions in
the future. The materials provided through Next Generation are free for
teachers and students and meet national math and life skills high school

This year, the program will offer new features including:

  oNew lesson plans – Next Generation provides educators with a series of
    lesson plans and worksheets for each of the program's five themes: risk,
    life insurance, health insurance, disability insurance and financial
    planning. Each lesson plan includes objectives, educator resources,
    student worksheets, and an assessment method. In addition, Next
    Generation has a series of videos to complement the lessons and reinforce
    key messages.
  oEnhanced teacher's guide – An educator's guide that includes tips for
    implementing the lessons and answers to student worksheets.
  oStudent section - Designed for students, this section of the site includes
    quizzes, glossaries, family activities and video.

"Today, millions of Americans are underinsured and financially overextended.
This is why it's important that financial literacy programs are incorporated
into our schools and education curriculums so that the younger generation will
have a better understanding about the decisions that can impact their
financial futures," said Marvin Feldman, CEO of LIFE. "We are proud to work
with Scholastic as we continue to grow and support our Next Generation
education program, which is on track to reach millions more students and
educators around the country."

"A core part of our mission is to help teachers explain the contemporary world
to students," says Ann Amstutz Hayes, Senior Vice President of Scholastic
National Partnerships. "Financial literacy is a very important life skill,
and we are thrilled to be working with the LIFE Foundation to educate students
on the importance of financial planning, and provide them with the skills they
need to make informed decisions in the future."

Since its launch in 1997, LIFE's Next Generation high school financial
literacy program has reached more than 26 million students, 63,000 teachers,
and 39,000 schools nationwide.

About LIFE
The Life and Health Insurance Foundation for Education (LIFE) was founded in
1994 in response to the public's growing need for information and education on
life, health, disability and long-term care insurance. LIFE also seeks to
remind people of the important role insurance professionals perform in helping
families, businesses and individuals find the insurance solutions that best
fit their needs. To learn more about these topics, please visit

About Scholastic
Scholastic Corporation (NASDAQ: SCHL) is the world's largest publisher and
distributor of children's books and a leader in educational technology and
related services and children's media. Scholastic creates quality books and
ebooks, print and technology-based learning materials and programs, magazines,
multi-media and other products that help children learn both at school and at
home. The Company distributes its products and services worldwide through a
variety of channels, including school-based book clubs and book fairs, retail
stores, schools, libraries, on-air, and online at

CONTACT: Pinar Posluk
         Jessica Thorpe

SOURCE The Life and Health Insurance Foundation for Education (LIFE)

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