April 30, 2024 | By Roger Nix
Picture this: you’re a teenager again (or maybe you still are!) and it’s time to open your first bank account. Do you choose a big multi-national bank like Santander? Or do you go with a well-known local bank or credit union? Maybe you’re really into tech, and don’t care as much about visiting branches, so you choose an online-only neobank. There are pros and cons to any option. Over the last few weeks of March, 20 young men from BDL’s Resolved program learned and debated about this important life decision, culminating in a live debate on the topic, hosted at Santander’s Boston headquarters on April 3rd.
BDL’s Resolved program uses the core elements of policy debate, mentorship, and affinity community building to engage and empower Black and Latino young men in middle and high school. Students engage in meaningful conversations, explore their identities, reflect on their future plans, and use the skills of debate to evaluate and form arguments or advocacy about issues in their communities. The financial literacy debate at Santander presented the perfect opportunity to engage in meaningful conversation about their future plans.
Young men in the Resolved programs at Henderson Upper HS and Margarita Muñiz Academy spent the last few weeks learning about financial literacy, and specifically focusing on what type of bank would be the best choice for them. The school-day-based sessions started with discussions about what they already knew about banks, and BDL staff helped fill in the gaps, based on what was most important to students. Students researched how banks make money, what makes each bank different from the next, and why you might choose one type over another.
On the day of the event, 7 cohort participants traveled downtown and worked with employees at Santander to finalize their arguments and ultimately debate the merits of each side. After the debates, students asked employees about their career paths, what advice they would give to their younger selves, and what they prioritized when choosing a career.
Santander’s employees praised the efforts and arguments made by debaters, and they stressed the importance of the topic, saying it is a conversation that is discussed frequently at the highest levels of their industry. They shared more about working to make their bank appeal to all potential customers, and said that hearing directly from the students about what they value had a strong impact on them.
Santander’s partnership was particularly engaging for Spanish-speaking students from the Margarita Muñiz Academy. Seeing as the bank was founded in Spain, many of their employees were able to speak directly to the career benefits of being multilingual. Some of the students presented their arguments entirely in Spanish, and had career-focused conversations with Spanish-speaking employees during the event.
This is the first year that BDL engaged in financial literacy debates in our Resolved program and with Santander. This first event was a success and we look forward to doing it again in the future!
In 2021, Kim Willingham was named Executive Director – the first woman and first Black leader – of the Boston Debate League. Before being named ED, Kim served as the BDL’s Director of Culture and Engagement and prior to that as an Instructional Coach on the Debate-Inspired Classrooms team. Throughout her 20+ years in education, Kim has held multiple leadership positions. She began her career as a Teach for America Corps Member in the Crescent City – New Orleans, LA – where she taught 6th grade ELA and Social Studies. Kim earned an EdM from Harvard Graduate School of Education and a BS from Eastern Michigan University. Her experience also includes several years in school leadership and education consulting. Originally from the Motor City, she now resides in Dorchester with her two children. In her free time, she enjoys reading, traveling, and spending time in nature. Kim is grateful for the joy she gets to experience daily working with the students, teachers, volunteers, and staff of the BDL community.