In an effort to examine the state of financial literacy education in schools, The Center for Financial Literacy at Champlain College has graded all 50 states on their efforts to teach the ABCs of financial literacy to high school students. 

http://tinyurl.com/agcngv3In examining each state’s financial literacy education efforts, researchers focused on published reports covering state-by-state measures, along with reviews of state legislation going back more than a decade. (For an expanded version of this report card, visit the financial literacy center’s website.)

Should you find your state’s grade disappointing, the center’s director, John Pelletier, suggests you start by raising the issue with your local high school principal or school board. On the state level, he says, you should contact your local state representative or senator.

To help make your case, Pelletier recommends the resources available at jumpstart.org. “Given that our nation has suffered greatly in recent years from financial illiteracy,” he says, “elected officials should listen closely.”

State Ranking: Alabama – Hawaii

Alabama: F

 

  • Personal-finance topics are included in the state’s educational guidelines, but the state does not require that local school districts teach these topics.
  • No personal-finance requirement, although personal finance may be taught at certain schools as an elective.
  • In 2010, Alabama passed a law urging the department of education to incorporate personal finance into the curriculum for high schools seniors.

Alaska: F

 

  • Does not include personal-finance topics in the state’s educational standards.
  • No personal-finance requirement, although personal finance may be taught at certain schools as an elective.

Arizona: B

 

  • Requires personal-finance instruction be incorporated into other subject matter.
  • Includes personal-finance topics in the state’s K-12 instructional guidelines and requires local school districts to implement these standards.
  • Requires an economics course that includes personal-finance concepts beginning with the class of 2012.

Continue reading Financial education: Does your state make the grade?

Read more articles on financial education

https://www.howtolearn.com/wp-content/plugins/adrotate/adrotate-out.php?track=MTMsMCwwLGh0dHA6Ly9lbmV3cy5ob3d0b2xlYXJuLmNvbS9saW5rL2ltZy8xMy1zdXBlcmNhbXAvZGVmYXVsdC5hc3B4