February 2009 | Volume 51 | Number 2
Financial Literacy
Financial Literacy
An Imperative in Economic Hard Times
Rick Allen
To prepare young people for life outside the school walls, some states and school districts are mandating that graduates understand budgeting and personal finance.
Lawmakers in Ohio, propelled by the state's dubious distinction as the leader in home foreclosures in the nation in 2006, made financial literacy a high school graduation requirement. Other states and school districts are considering similar measures. Tennessee, Missouri, and Utah mandate a semester-long personal finance course for graduation, and 17 other states integrate personal financial education into required subjects, such as economics.
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Copyright © 2009 by Association for Supervision and Curriculum Development