Posted on 05/02/2022 8:42:46 AM PDT by SeekAndFind
There’s been a move over the past few years to help young Americans learn how to manage their money better. And it’s long overdue. It can be easy to wonder what sort of problems financial literacy courses could have prevented for the generations before those who are in school now.
In recent months, Florida, Nebraska, Ohio, and Rhode Island have signed laws creating a requirement that high school students take financial courses in order to graduate. In all, a dozen states have similar laws on the books. Georgia joined the ranks of those states this week.
Gov. Brian Kemp signed a bill into law on Thursday that will include personal finance classes in the state’s high school curriculum. Beginning with the 2024-2025 school year, 11th- and 12th-grade students will be required to take a course in financial literacy to graduate.
The new law “will ensure that [students] learn financial literacy in our schools, like the importance of good credit and how to budget properly so that they can be better prepared for the world beyond the classroom,” Kemp said, as reported by CNBC.
Next Gen Personal Finance, an organization that is advocating for raising financial literacy among students, stated in its 2022 annual report that, because of the states that have passed legislation, 22.7% of high schoolers in this year’s senior class will have graduated with personal finance education. When Georgia’s law goes into effect, along with those of other states whose laws haven’t gone into effect this school year, that percentage will go up.
Right now, roughly half of high school students nationwide have options for financial classes as an elective, but we all know that it doesn’t mean that students will take those classes.
(Excerpt) Read more at pjmedia.com ...
My kids high school requires it, but its not statewide.
But then again, our kids are from a republican bastion in the deep blue state of MA.
Dave Ramsey’s course would work too.
Furthermore, if there is any racial inequality in failure rates it will be deemed racist. It requires some math, right?
GOOD! perhaps it will keep them from signing up for loan packages from private colleges that will indebt them for decades. But I have a feeling its their dumb parents who keep cosigning for everything... who are at fault.
More States Are Starting to Require High School Students to Take Financial Literacy Courses
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Half of Congress would never pass such a course. I’m being generous.
What?? Another white supremacists rule. Students are too busy studying gender classifications, CRT and diversity courses to be bothered by this. There’s only so much time in a classroom day.
before jimmy carter and his federalized education system, there were the ‘business curriculum’, which in some states started with junior high and carried through high school.
nowadays, since check writing, and associated practices are not taught, and with the debit/credit card ease of use and ease of nonchalance over the user’s account, and where formulated mathematics is no longer dogma, this would be a good thing.
Stop giving HS students money and making them earn it would be the best and most meaningful crash course in financial literacy.
I remember that too. My school called it Business Math, I think. It was very beneficial for doing math in the real world.
The need to bring back “Civics” so students can actually learn what’s in The Constitution.
The devil is in the details. Liberals could teach kids taxes are good, rich people are selfish, and it’s white people’s fault that minimum wage jobs don’t pay for an upper middle class lifestyle.
“I never understood why they don’t teach compound interest in math.”
You skipped that day!
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