"Knowing how to use a credit card wisely, shop for a mortgage, choose from a menu of employee benefits or save for retirement have never been more important than they are today. And yet too many people lack either the information or the incentive to know and understand how to make good decisions about personal finance. Clearly, education is the key to any effort to improve financial literacy."
Charles L. Evans
President and CEO
Federal Reserve Bank of Chicago

Watch Summit 2007 now
"Financial literacy programs raise the quality of life for individuals and families. Visa was one of the first to promote financial literacy programs nationally through our Practical Money Skills for Life program and now through our university financial education portal, What's My Score."
Jason Alderman
Director of Financial
Education for Visa
Building the Financial IQ of Generation Y
The Financial Literacy and Education Summit 2008 brings together public policy, education and private sector financial education advocates to discuss how best to help Generation Y (ages 18-25) establish a sound financial future. From debt proliferation to student loan repayments, Generation Y faces a more competitive and complicated financial world than any other generation before them. From the federal level to the local, policy makers, corporations, and educators face tough financial literacy questions including the role of policy and the role of financial education.
Program
Opening remarks will be delivered remotely by Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System. Additionally, Douglas Michelman, Global Head of Corporate Relations for Visa Inc., will deliver remarks (transcript) on the role of the private sector in supporting financial education.
Panel Participants
Opening Remarks |
 | Ben Bernanke Chairman of the Board of Governors of the Federal Reserve System. |
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| Douglas Michelman Global Head of Corporate Relations for Visa Inc. |
Panel Participants |
 | Ms. Jean Chatzky, Moderator Best selling author and contributor to The Today Show and The Oprah Winfrey Show. |
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 | The Honorable Anna Escobedo Cabral U.S. Treasurer. |
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 | Mr. Chris Gardner Author, Activist and Chief Executive Officer of Christopher Gardner International Holdings. Mr. Gardner's rise from poverty was chronicled in the film The Pursuit of Happyness. |
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 | Vice Admiral (retired) Cutler Dawson President and Chief Executive Officer of Navy Federal Credit Union, Member of the President's Council on Financial Literacy. |
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 | Dr. Constantine W. (Deno) Curris President of the American Association of State Colleges & Universities. |
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 | Susan C. Keating
President and Chief Executive Officer of the National Foundation for Credit Counseling. |
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 | Mr. Scott Duncombe
President, Student Government at the University of Chicago. |
Who Should Attend
- Education policy makers, including Congressional staff, State Education Departments, and agencies interested or involved in education policy.
- College and University Presidents.
- Financial institutions.
- Professors and campus organizations interested in bringing personal finance education onto their campuses.
- Non-profit organizations, NGOs, and charitable foundations that support community programs for young adults.
- Representatives of public and private sector organizations interested in advocating, promoting, developing or delivering financial literacy/education programs.
- Members of academic and educational institutions working on curriculum development or research related to financial literacy.
- Professional, business, or young adult associations interested in financial education for their members.
- Personal finance and education reporters.