The Office of the Kansas Securities Commissioner, David Brant
In the spring of 2003, StreetSage conducted an education study to determine the effectiveness of its program. The study, generously sponsored by The Office of the Kansas Securities Commissioner, included 14 high schools and nearly 400 students from across the state. At the urging of Commissioner David Brant, the study included schools large and small, public and private, urban and rural.
Quantitative and qualitative results across the board were impressive. Using questions from Savings & Investing section of the National Jump$tart Financial Literacy Survey, StreetSage determined that students increased their test scores by an average of 13% and scored more than 8.5% better than the national average. Furthermore, students strongly exhibited their enjoyment by logging on to StreetSage an average of 3.1 times per week. The anecdotal feedback from students and teachers solidly validated these findings.
The Wharton School, University of Pennsylvania
In the fall semesters of 2002 and 2003, StreetSage conducted an in-depth analysis of its program's usage within the classroom. With the assistance of The Wharton School at the University of Pennsylvania, StreetSage was administered to a group of students at University City High School (UCHS) in Philadelphia. Each year, a group of 10-12 Wharton undergraduate students would teach the UCHS students the fundamentals of long-term investing using the StreetSage program. Throughout the semester, the Wharton students would keep copious notes on their teaching sessions. Each year resulted in an extensive research report provided by Wharton to StreetSage about the effectiveness of the program along with its usage patterns and possible suggestions for improvements.
After spending 18 months developing StreetSage, we conducted a pilot program in the fall of 2002. The objective was to administer StreetSage in a diverse group of classrooms in order to better understand how the program is used, how it can be improved and what specific benefits it provides. The pilot was generously sponsored by Innovation Philadelphia, a public/private partnership supported by the City of Philadelphia and the Commonwealth of Pennsylvania.
The pilot resulted in a wealth of positive information. Teachers appreciated the idea of educating students with a long-term simulation rather than a short-term one. Students enjoyed the experience considerably as exhibited by the myriad of positive letters, emails and essays we received. Moreover, StreetSage faired remarkably well across all demographic groups. The pilot illustrated that StreetSage was successful in educating students in an innovative, enjoyable fashion.
The National Youth Involvement Board (NYIB)
In conjunction with the National Youth Involvement Board, an organization of credit union professionals committed to youth education, StreetSage set up a system whereby credit unions nationwide could sponsor StreetSage for their local schools. The program has proved quite popular and resulted in StreetSage being used in schools from Virginia to North Dakota to Oregon. Those interested in learning more about this partnership should contact us at firstname.lastname@example.org