Main Articles Listing: Norton School 7. National Experts Speak on Trends of Consumer Finances If you are interested in new trends on consumer finances, you may want to join this panel presentation. A panel of distinguished national experts will present their research on various topics of consumer finance. The presentation will be held at 1:30-4:30p, on Thursday, September 29, in Ventana Room, Student Union. The following are the presentation topics and presenters: Consumer Financial Behaviors and Financial Risk Tolerance John Grable, Kansas State University Health, Wealth and Income: Evidence from the Survey of Consumer Finance George Haynes, Montana State University Research from the Federal Reserve Board Jeanne Hogarth, Federal Reserve Board Household Credit Issues: Highlights from Research, Education, and Policy Angela Lyons, University of Illinois The Impact of Financial Education Classes Lewis Mandell, University of Baffolo Measuring the Impact of Credit Counseling on Borrower Behavior Michael Staten, Georgetown University The event is sponsored by the Take Charge America Institute for Consumer Financial Education and Research (TCAI) at the University of Arizona. It is free to public. Refreshments will be provided. RSVP by September 22, 2005 to Annette Horn,hornm@email.arizona.edu; 520-621-1715. Bios of the Speakers Dr. John Grable, CFP®, RFC received his undergraduate degree in economics and business from the University of Nevada, an MBA from Clarkson University, and a Ph.D. from Virginia Tech. He is the Certified Financial Planner Board of Standards Inc. and International Association of Registered Financial Consultants registered undergraduate and graduate program director at Kansas State University. Teams of undergraduate financial planning students mentored by Dr. Grable have won the National Collegiate Financial Planning Championship in 2000, 2003, and 2005. Dr. Grable also serves as the director of The Institute of Personal Financial Planning at K-State. Prior to entering the academic profession he worked as a pension/benefits administrator and later as a Registered Investment Advisor in an asset management firm. Dr. Grable serves as the editor for the Journal of Personal Finance, a rigorous peer-reviewed research journal. His research interests include financial risk-tolerance assessment, financial planning help-seeking behavior, and financial wellness assessment. He has been the recipient of several research and publication awards and grants, and is active in promoting the link between research and financial planning practice where he has published more than 60 refereed papers. Dr. Grable serves on the Board of Directors of the International Association of Registered Financial Consultants and on the Research Advisory Council of the Take Charge America Institute (TCAI) for Consumer Education and Research at University of Arizona. In 2004 he won the prestigious Cato Award for Distinguished Journalism in the Field of Financial Services. Dr. George Haynes is an associate professor specializing in consumer economics in the Department of HHD. He teaches individual income taxation, research methods, program evaluation and small business management courses for the Department. Haynes' research is focused preventable health behaviors (such as alcohol and drug addiction, fetal alcohol effect/syndrome and obesity) and family and business finance issues. He has published research articles in the Journal of Consumer Affairs, Family Business Review, Journal of Small Business Management, The Journal Rural Health, International Journal of Obesity and several other journals. He serves as a member of the Board of Directors for the American Council on Consumer Interests, conducts public policy research for the U.S. Small Business Administration and assists local organizations with program evaluations. Dr. Jeanne M. Hogarth is the manager for the Consumer Education and Research Section of the Division of Consumer and Community Affairs at the Federal Reserve Board. She is the author of numerous scholarly research articles as well as consumer education resources on financial management. Both her research and her consumer education programs have received awards for their excellence. Her previous experience includes teaching high school as well as serving on the consumer economics faculty at Cornell University, where she was responsible for community education programs on family financial management. She is an active member of the American Council on Consumer Interests and the Association for Financial Counseling and Planning Education and she volunteers in the IRS's Volunteer Income Tax Assistance program. Hogarth received a BS in education from Bowling Green State University and an MS and PhD in family and consumer economics from The Ohio State University. Dr. Angela Lyons is an assistant professor at the University of Illinois at Urbana-Champaign. She received her Ph.D. in Economics from the University of Texas at Austin. Her research focuses on issues related to family finance, household economics, and financial education. Her current research examines issues related to household liquidity and credit access, health and financial strain, delinquency and bankruptcy, gender and marital differences in household investment decisions, and the credit usage and financial education needs of college students. Dr. Lyons was recently identified by the U.S. General Accounting Office as one of twenty national leaders in financial education and was invited to participate in the U.S. Comptroller General's forum on "Improving Financial Literacy: The Role of the Federal Government". In 2003, she presented testimony on the importance of financial literacy for young adults before the Subcommittee on Education and the Workforce for the U.S. House of Representatives. In 2002, she was a delegate to the National Summit on Retirement Savings in Washington, D.C. She is currently the Co-Director for the University of Illinois Center for Economic Education. Dr. Lewis Mandell, Professor of Finance at University of Buffalo, is the author of 20 books relating to the finances of consumers, his latest being "Financial Literacy: Are We Improving?" published in late 2004. That book is based on Dr. Mandell's benchmark nationwide studies of the personal-finance skills of young adults throughout the United States, conducted for the Jump$tart Coalition for Personal Financial Literacy. The results of those studies, conducted in 1997, 2000, 2002 and 2004 show that a majority of students graduate from high school without an adequate understanding of money and finance, which can often lead to financial difficulties later in life. Mandell's work on this subject has been reported nationally by NBC News, National Public Radio, The New York Times, USA Today, The Washington Post, CNN and other media throughout the country. In 2004 he received the William E. Odem Visionary Leadership Award in financial literacy, the highest award in the field, at a ceremony attended by SEC Chairman Donaldson. From 1998 to 2001, Dr. Mandell served as dean of the School of Management, leading a successful effort to improve the school's national and regional reputation, as well as its educational facilities. In 2004, he was named "Teacher of the Year" by the Undergraduate Management Association. Previously he served as dean of the School of Business at Marquette University. He is a member of the board of directors of Delaware North Companies, mutual funds and variable annuities boards of Met Life, the Jump$tart Coalition for Personal Financial Literacy and the American Financial Services Association Education Foundation for whom he completed an online, interactive textbook "MoneySKILL" which is offered without charge to teachers and professors throughout the world. He has served as a consultant for such clients as Aetna, American Express, Chase Manhattan Bank, Fleet Bank and General Motors. Currently, he is a member of the Standing Committee for the new national examination in Economics, which will first be administered by the Department of Education in 2006 as part of "No Child Left Behind." Mandell has published numerous articles in the top business journals including the Journal of Finance (3), the American Economic Review, the Journal of Marketing Research and the Journal of the American Statistical Association. He earned a bachelor's degree from City College of New York, a master's degree from Northwestern University and a doctorate from the University of Texas. Dr. Michael E. Staten is Director of the Credit Research Center at Georgetown University's McDonough School of Business. As Director of the Center since 1990, he has designed and conducted projects on a wide range of policy-oriented issues involving consumer credit markets. He has published numerous articles on retail financial services in various professional journals, and has frequently presented expert testimony on credit and insurance issues before committees of the U.S. House and Senate and various state legislatures. Prior to arriving at Georgetown, Prof. Staten taught graduate and undergraduate economics courses at the University of Delaware and Purdue University. He has served on the Board of Trustees for the National Foundation for Credit Counseling, and was Chairman of the Board of Directors of the Purdue Employees Federal Credit Union from 1995-1997. Staten received a Ph.D. in Economics from Purdue University in 1980. - Updated: September 20, 2005 [e-Mail me the articles]    -     [Search our articles]    -     [contact us ]     return to media home