House Bill Requires Financial Literacy Course in Schools

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The House Education Committee advanced House Bill 2775, requiring high school students to take a one credit financial literacy course in order to graduate.

The State Board of Education requires 22 credits for high school graduation. This includes four math, four English, three science, four social studies, one art, one health, one physical education and four personalized education credits. Counties may choose to require additional credits for graduation, up to 28 total.

An amendment adopted in committee clarifies that this financial literacy course will not replace existing graduation requirements, it will add a credit instead.

The State Board of Education will develop standards for finance teachers and the course itself.

House Bill 2775 was reported to the floor as amended, with the recommendation that it do pass.