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The iOme Challenge, a national competition to address the nation’s retirement crisis, is pleased to announce that a team from Texas Tech University won this year’s grand prize. Students Benjamin Cummings, Christopher Browning, Thomas O’Malley, and Shaun Pfeiffer collaborated to win the top, national prize. The Texas Tech team won $10,000, plus an expense-paid trip […]

America’s millennial generation, according to a locally inspired survey, offers a realistic and guardedly pessimistic view of the financial and political landscape of the country. We understand and agree with many of the concerns voiced by adults 18-29 — who comprise 27 percent of the country’s population — and join in the belief that something

Millennials Worried About Financial Future “iOme Measure of Millennials,” a new study released today by iOme Challenge, shows a generation of young people struggling to chart their course. The study of 642 18-29-year-olds across the U.S. indicates that 46 percent of the Generation Y is “very concerned” about the financial situation in the U.S. as well

Angela Lyons to judge iOme Challenge University of Illinois professor of economics Angela Lyons has been chosen to be a Blue Ribbon Judge for The iOme Challenge, a national college contest that is focused on challenging college students to change the world by investing in their future today. “The iOme Challenge organization was formed by

Teams Complete and Submit iOme Challenge Videos Lecturer in Economics, Emanuel Oliveira, is leading four teams of students in this year’s iOMe Challenge.  Students formed their own teams and were encouraged to include individuals from a broad skill set to include members who have policy expertise and also other with video production skills.  The students

Millennials See Social Security as Doomed, Aren’t Saving, Either By Danielle Andrus, AdvisorOne Half of millennials do not believe Social Security will still exist when they are ready to retire, a survey released Wednesday by the iOMe Challenge and conducted by the St. Norbert College Strategic Research Institute found. Over one-quarter of millennials believe Social Security

Half of Millennials don’t think they will get Social Security By Allison Linn Grandma and Grandpa may be getting a Social Security raise, but half of their grandkids are pretty sure they won’t see any Social Security at all. That’s according to a new poll from the Strategic Research Institute at St. Norbert College in De Pere, Wis.

“Millennials” Doubt the Future of Social Security “Measure of Millennials,” a new study released by the iOMe Challenge organization, shows that 50% of Millennials do not believe that Social Security will exist when they reach their retirement years. The study of a representative sample of 642 18-29 year-olds across the U.S. was conducted in August

Students shedding credit cards as recession, new law sink in By Martin Merzer The nation’s college students finally may be absorbing a lesson that won’t count toward class credit but will improve their life skills — how to responsibly handle credit cards. A national study from Sallie Mae finds that credit card ownership by college students has

Retirement Policy: DOL Interested in Role of Smartphone Apps Aimed at Financial, Retirement Literacy By Florence Olsen The Department of Labor has been exploring ideas for using smartphone applications to influence the savings habits of young people, according to a DOL official who spoke at a retirement policy event July 12 at which the official