Economic Literacy Colorado Awards Fort Collins High School Senior with Young Economist Scholarship
Sarah Keller, teacher; Elizabeth Thilmany, winning student; and LaKay Schmidt, founding CCEE President
April 28, 2017 Denver – Elizabeth Thilmany, a senior at Fort Collins High School, has been awarded the inaugural “LaKay Schmidt Young Economist Scholarship” by Economic Literacy Colorado . The presentation of the $1,000 scholarship took place during Economic Literacy Colorado ’s annual Investor Appreciation Luncheon in Denver. LaKay Schmidt presented the award to Thilmany.
Thilmany earned the scholarship by writing the winning essay in response to, “Why Economic Understanding Matters to Me.” Thilmany’s economics teacher, Sarah Keller, received a $250 award.
“Economics is essential to our society, and whether we are aware or not, unavoidable,” said Thilmany in her essay. “There is little hope for a society which lacks a basic understanding of budgeting, the implications of consumer choices, and the national economic situation. Therefore, I have decided to dedicate my life to the science of economics. Economics matters.”
The LaKay Schmidt Young Economist Scholarship was created this year in honor of the Economic Council’s founding president, LaKay Schmidt, who led the newly formed nonprofit from 1976-1994. Her contribution to economic education and her advocacy of a free enterprise system lay the foundation for the organization’s success. This annual scholarship will honor her legacy of economic education in Colorado.
More than 60 students submitted an essay for the inaugural competition, which was open to Colorado high school juniors and seniors who have taken a high school economics class. The scholarship will be offered again in 2018. Information will be available in January, at www.econlitco.org.