PRA Group and West Virginia University Band Together on the Frontlines to Expand Financial Literacy
NORFOLK, VA – A representative from PRA Group today joined West Virginia University’s John Chambers College of Business and Economics to coach K-12 educators through the process of explaining financial topics, such as filing taxes, to students.
A key component of the college’s Center for Financial Literacy and Education (CFLE), Finance University invites primary and secondary school teachers from all over the region to participate. The chief goal of this “boot camp”-style training session is to expand financial literacy in the local area and the surrounding states.
Fostering financial literacy among students in our regional communities is a top priority for WVU, whose CFLE has received support from PRA Group since 2020. “As a financial services company founded on doing things the right way, we have a responsibility to grow financial literacy efforts and awareness among communities close to home and around the world,” said Damon DeSue, global tax controller for PRA Group, who presented virtually during the boot camp.
Now, in 2022, this cause is more important than ever. The 21st century continues to bring about many technological advancements, and the financial management realm is not exempt. Online tools and software have made it easier to manage one’s finances in several respects, but these changes are often accompanied by a hefty learning curve. The CFLE’s Finance University program is an effective way to aid this learning process for K-12 students.
The teachers in attendance enjoyed meals, resource development sessions and lessons from industry leaders all free of charge. DeSue’s presentation featured practical information to make taxes—and their purpose—digestible for students, which educators can easily take back to the classroom to improve the financial futures of many for years to come.
View the presentation here: https://www.pragroup.com/teachingtaxtips
*This presentation has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors.
About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.
Senior Vice President, Communications and Public Policy
Najim Mostamand, CFA
Vice President, Investor Relations