Media Advisory – Colorado State University Hosts and Competes in Regional Â??duel in the Rockiesâ?� Financial Competition Nov. 6

When:          

Saturday, Nov. 6 – 8:00 a.m. to 1:00 p.m.

Where:     

University Park Holiday Inn in Fort Collins, located on Prospect, west of College Ave.

Who:     

Colorado State University is hosting the regional "Duel in the Rockies Personal Financial Case Study Competition" where teams from Colorado State, University of Northern Colorado, University of Colorado-Colorado Springs, University of Nebraska-Lincoln, University of Kansas and Rocky Mountain College will compete for $9,000 in cash prizes as they research and develop a solution for hypothetical case studies about a family in financial distress.

Why:     

The competition was designed to address the need for increased financial literacy among college students. Due to credit card debt growing to monstrous $2 trillion and escalating bankruptcies, students are able to enhance their awareness of money management through this case study analysis.

Details:     

In 36 hours, competitors must research the hypothetical situations and design a reasonable, workable and creative solution to the dilemma, based on the family’s situation, economics, geography and resources. The teams will present their results to panels of expert judges who decide the team who has best resolved the family’s finances.

Winners will advance to a national competition in Tucson on March 10-13, 2005. The competition will by hosted by the University of Arizona Students in Free Enterprise (SIFE) and sponsored by Take Charge America, a non-profit national credit counseling company based in Phoenix.

Contact:     

Members from the media are welcome to attend the event. Please contact Jennifer Dimas at (970) 491-1543 or Jennifer.dimas@colostate.edu