MACPA Partnership

  • 59% of young adults ages 18 to 21 pay their bills on time every month

  • 32% of adults report they have no savings

  • Average credit card debt of a college senior is more than $4100, close to 1/5 carry a balance greater than $7000

These are just a few of the national trends signifying financial illiteracy among Americans.

To help the state’s youth avoid these financial pitfalls the Maryland Association of CPAs (MACPA) and Junior Achievement (JA) have partnered.

In June 2010, the Maryland State Department of Education adopted regulations requiring local school systems to implement new financial education standards beginning September 2011. This new regulation is unfunded. However, Junior Achievement is helping schools right now with solutions to meet these new requirements.

MACPA encourages CPAs to get involved by volunteering with JA to help teach students about earning, spending and savings. JA makes it easy! Whether you have an interest in mentoring elementary, middle or high school students JA has many opportunities available.

Learn more about volunteer opportunities near you.

Additional Financial Literacy Resources