Which state is the 12th to guarantee a personal finance course to high school students?
It’s Iowa! While collecting data for the NGPF 2022 State of Financial Education report, we found that more than 90% of high school students in Iowa are now guaranteed a personal finance course before passing that graduation stage (that’s an increase of 67.5 % in last year’s report). While schools were given multiple options based on guidance from the Iowa Dept. of Education, it is clear from an analysis of course catalogs that nearly all high schools in Iowa meet this guarantee with a personal finance course. For more details on these and 49 other states, see NGPF’s 2022 State of Financial Education, which will be published on April 21 with a panel discussion on April 26.
Here is the latest NGPF FinEd Bill Tracker. Highlights/updates include:
Summary: 60 bills introduced in 26 states (as of 3/30/22); 46 living bills in 20 states Maryland HB985 was significantly weakened through an amendment that took the bill from a guarantee that every student would take a personal finance course before graduating to a guarantee that every student would have access to a personal finance course (“MAKE THE COURSE AVAILABLE TO STUDENTS IN ANY PUBLIC HIGH SCHOOL IN THE COUNTY”) The Minnesota Senate introduced SF4384, the supplement to House Bill HF4207, and has the following details: “Students enrolled in the 2023-2024 school year and starting later must successfully complete a personal finance course for credit during their senior year of high school.” Next stop: Senate Education Finance and Policy Committee. In Tennessee, bills (HB2294 and SB2174) requiring a personal finance course for high school students continue through the House and Senate in the state. New Jersey passed a similar high school requirement in 2019. The New Hampshire Legislature has introduced HB1263 with the following provision: “The school board shall ensure that personal financial literacy instruction designed to prepare students for success in making financial decisions is taught as part of the curriculum. financial literacy can be embedded in an existing degree-level course or curriculum.”
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You don’t want to miss out on all the festivities, so make sure to attend NGPF’s Financial Literacy Month events.
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You may also like these resources:
Question of the day for each day of April; popular use case is during morning announcements NGPF Bingo Board will engage your students as they find classmates who are saving for something special, donated money, cashed a check or cashed some other activity.
About the author
Tim Ranzetta
Tim’s savings habits started at 7 a.m. when a neighbor with a broken hip gave him a dog walking job. Her recovery, which lasted nearly a year, led to Tim getting to know the bank clerks quite well (and building a savings account balance of over $300!). His recent entrepreneurial adventures include driving a chipper, analyzing compensation packages for Fortune 500 companies, and helping families make better college funding decisions. After volunteering in 2010 to establish a personal finance program and teach at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him. to start a new nonprofit, Next Gen Personal Finance. †
This post Update to NGPF FinEd Bill Tracker (as of 3/30/22); 12th state to guarantee personal finances
was original published at “https://www.ngpf.org/blog/advocacy/update-to-ngpf-fined-bill-tracker-as-of-33022-12th-state-to-guarantee-personal-finance-course/”