The Coalition's Mission
The Coalition’s mission is to assist consumers, particularly vulnerable populations, in understanding and improving their ability to manage their financial affairs. We are also committed to empirical assessment, including our own programs, and to studying key issues affecting consumer finance.
FINANCIAL EDUCATIONS PROGRAMS
The Coalition is a 13-year-old independent non-profit, housed at Fordham Law School. Teaching financial education is the core of the Coalition’s work. The Coalition relies on trained volunteers, many of whom have a financial services background. The Coalition presents classes to teens, working-age adults and seniors at non-profits, schools, churches, and other community groups in the city. We offer classes in English, Spanish and Chinese. Our train-the-trainer workshop for volunteers provides the methods and materials, highlighting how to teach to a wide range of vulnerable populations.
CURRENT PROJECTS AND COLLABORATIONS
CDE has a history of projects and established relationships with key organizations which has increased our productivity, efficiency and overall results.
Office of the Manhattan Borough President, Bank On Manhattan
Bank Hapoalim, Jewish Community Organizations
Brooklyn Public Library, Growing Dollars and $ense
Capital One Bank, NYC Summer Youth Employment Program (Summers 2007 - 2011)
Carver Federal Savings Bank, Focus on Families
Executive Office of the US Trustee, Approved Debtor Educator (ongoing)
NYC Department of Consumer Affairs, Office of Financial Empowerment (OFE)
NYC Parks Department POP program
Non-Traditional Employment for Women (NEW)
Signature Bank, Catholic High Schools Project
Victory State Bank, Staten Island Banking Development Districts Project
2009: 83 classes/ 1449 participants
The Coalition has produced empirical research studies on consumer financial topics:
1. Consumer Credit Card Use: The Roles of Creditor Disclosure and Anticipated Emotion
2. Debtor Education, Financial Literacy, and Pending Bankruptcy Legislation
3. Empty Mandate or Opportunity for Innovation? Pre-Petition Credit Counseling and Post-Petition
5. Lessons from the Trenches
6. *425 Mandatory Protections as Veiled Punishments?
7. The Myth of the Rational Borrower
8. The Coalition: A Report on its Pilot Program
9. Psychology and BAPCPA
10. Unwrapping Assunptions: Applying Social Analytic Jurisprudence to Consumer Bankruptcy Education Requirements and Policy
The Coalition welcomes applicants for general internships that are eager to learn about a philanthropic organization as well as local economic development. Foreign language fluency (especially Spanish) would be helpful but is certainly not required. Any internship would be unpaid.
You will have the opportunity to make a true impact on the growth of the Coalition by ushering a project from conception to completion. You will also hone writing and editing skills, learn or improve presentation skills while working with an experienced former Wall St. executive/ financial planner.
Contact Carol O'Rourke, Executive Director, firstname.lastname@example.org or 212-636-7752
-Contact the Coalition to learn more and sign up for a FREE Training Course
NEED A FINANCIAL EDUCATION SPEAKER?
- Contact the Coalition to request a speaker. Topics include:
- There is no charge for this service.
- Thinking of becoming a Volunteer?
The Coalition for Debtor Education (CDE), a nonprofit 501(c)(3) organization, which has involved Fordham and New York Law Schools and their staff, was established in 1998. Since then, the CDE has produced, published, revised and evaluated a financial literacy curriculum that emphasizes not only traditional knowledge, but also adult learning methods and the psychology of money. Throughout this 10-year period, the CDE has studied empirically the efficacy of our financial literacy classes and our train-the-trainer sessions. We have also participated in academic studies of the effects of emotion on disclosure regulation, and currently are involved in a study of the efficacy of various credit counseling initiatives.