MAYNARD, Mass.--(BUSINESS WIRE)--Making It Count, an educational service provider for students and parents and a business unit of Monster Worldwide, Inc. (NASDAQ:
MNST -
News), is teaming up with Bank of America, one of the world's largest financial institutions, to educate and empower college students to develop smart money management skills through their "Ultimate Money Skills: Scholars, Dollars, Budgets & Bills" program.
Beginning in June, Making It Count's interactive "Ultimate Money Skills" program will be presented free to college students on campuses across the country. The program prepares students with an understanding of appropriate credit card use, student banking options, how to develop and follow a budget and the importance of saving. According to the 2003-2004 National Postsecondary Student Aid Study (NPSAS), two-thirds (65.7%) of four-year undergraduate students graduate with some debt, and the average student loan debt among graduating seniors is $19,237.
"Ultimate Money Skills helps students understand that the choices they make about money now, when they are first exposed to the responsibilities of managing their own finances, has a direct impact on their financial success down the road," said JR Cifani, vice president and general manager, Making It Count. "This informative and valuable program offers students priceless money management skills to help them make better decisions now and in their future."
Over 230 presentations at 204 campuses were completed across the country in the 2006-2007 pilot. Students and administration who attended the "Ultimate Money Skills" program found the presentation extremely effective, rating the program a 9.1 out of 10 for value.
"Bank of America is committed to students and their long term financial success. We want to give them the opportunity to reach their life goals and we're excited about how this program distinguishes Bank of America as a leader in providing college students the tools they need to achieve their dreams," said Dennis Morey, Vice President, Student Card Product Manager, Bank of America.
For more information regarding the "Ultimate Money Skills" program, e-mail: programs@makingitcount.com or call 513-772-1188.
"Ultimate Money Skills is a valuable, eye-opening, interactive presentation that is beneficial to college students at all stages in their college career," said Rebecca Cole, director, First Year Experience Courses, Northern Arizona University, Flagstaff.
About Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 56 million consumer and small business relationships with more than 5,700 retail banking offices, more than 17,000 ATMs and award-winning online banking with more than 22 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Global Fortune 500. Bank of America Corporation stock (NYSE: BAC - News) is listed on the New York Stock Exchange.
About Making It Count
Making It Count provides a nationally recognized series of live, in-school presentations that educate and motivate teens to excel in both personal and professional educational endeavors. Delivered by a roster of skilled presenters from a variety of backgrounds, including members of the U.S. Olympic Team, the corporate-sponsored programs reach more than 2.5 million students every year, and are hosted at over 5,000 high schools and 650 colleges nationwide. More information is available at http://www.makingitcount.com.
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST - News), parent company of MonsterĀ®, the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at www.monsterworldwide.com.
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.
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