St. Norbert College is once again cosponsoring a challenge for students to help influence U.S. savings and financial security. The 4th annual iOMe Challenge asks teams to serve as the President-Elect’s Council of Economic Advisors and create a policy proposal that creates incentives and removes barriers to financial savings for the Millennial Generation.
Students will write an essay and develop a short video that illustrates the key economic issues presented in their Essay. Several faculty have used the iOMe Challenge as a project for their classes. This is an excellent project for your Fall Semester classes.
Past winners and honorable mentions of the iOMe Challenge have included: Virginia Tech, Texas Tech University, Western Michigan University, University of Nevada-Reno, La Grange College and LaGuardia Community College.
Our Blue Ribbon panel that will judge the finalists in 2013 includes:
- Angela Lyons, Associate Professor and Director of the Center for Economic and Financial Education at the University of Illinois-Urbana-Champaign;
- Michael Price, Assistant Professor of Economics at the University of Tennessee – Knoxville;
- Charles Wise, Founding Director, John Glenn School of Public Affairs, The Ohio State University;
- Laura Schwartz, The White House Director of Events for President Clinton and principal at White House Strategies;
- Martin Merzer, Pulitzer Prize winning journalist at the Miami Herald and principal at Creative Services.
The top prize is $10,000 to the winning student team and $2,000 to that team’s faculty advisor. The winning team may also be invited to Washington, D.C. to present their entry to Members of Congress, policymakers and other notables interested in this policy issue. There will also be honorable mention prizes of $2,500 for teams and their faculty advisors.
More details and specific rules are available at the contest’s website, www.iomechallenge.org . The deadline for teams to submit their essay is October 31, 2012 and their video by November 21, 2012.