Nine-year-old student Roberto Nieves Fernandez studies personal finance topics on his laptop using online resource center SmartPath. SMARTPATH More states are requiring students to take personal finance education courses before they graduate high school. There are currently 23 states that mandate a personal finance course for students, according to the 2022 Survey of the States…
Tag: high schools
Florida lawmakers unanimously approve personal finance education bill
Nine-year-old student Roberto Nieves Fernandez studies personal finance topics on his laptop using online resource center SmartPath. SMARTPATH Florida is poised to become the largest state to make a financial literacy course mandatory for high school graduation. The Florida Senate on Friday unanimously passed SB 1054 and sent it to the state House of Representatives,…
Florida becomes largest state to mandate personal finance education
Florida Gov. Ron DeSantis speaks at the Conservative Political Action Conference (CPAC) in Orlando, Florida, on Feb. 24, 2022. Beautiful Frame | Reuters Florida is officially the largest state to mandate a financial literacy course for high school graduation. On Tuesday, Florida Gov. Ron DeSantis signed bill SB 1054 into law. The legislation was unanimously…
Why financial literacy is important, from saving to paying down debt
Walrus Images | digitalvision | Getty Images To achieve financial success, knowledge is key. Yet many Americans lack financial literacy. That can impact everything from the amount of money saved to debt owed. The situation is dire for more than a few. More than half of Americans can’t cover a $1,000 emergency expense with savings,…
Governors say financial education should extend beyond school years
Student Olivia Raymond participates in a personal finance course in her middle school class in West Orange, New Jersey, in February 2020. CNBC Pursuing financial literacy is something that should continue beyond traditional school years, according to several state governors. “We think it’s a lifelong experience,” New Jersey Gov. Phil Murphy told CNBC’s Sharon Epperson…
Nearly 25% of US students have access to personal finance education
Personal finance teacher Marina White teaches Canyon High School seniors in Santa Clarita, California, a lesson on investing and the power of compound interest. Helen Zhao | CNBC Millions of high school students across the US will graduate in 2022 with one important course under their belt: personal finance. Recent momentum among states requiring personal…
88% of adults support mandated personal finance education
Most adults in the US support guaranteed access to personal finance education for high school students. Eighty-eight percent of adults surveyed by the National Endowment for Financial Education said their state should require either a semester or year long personal finance course for graduation. The survey of 1,030 adults was conducted in March. More from…
Georgia is now the latest state to mandate personal finance education
Georgia Governor Brian Kemp makes remarks during a visit to Adventure Outdoors gun shop as he pushes for a new state law to loosen requirements to carry a handgun in public, in Smyrna, Georgia, January 5, 2022. Alyssa Pointer | Reuters High school students in Georgia will soon have guaranteed access to a personal finance…