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H.S. May need to offer a financial literacy course

High School students may need to pass-a new class on how to handle money before they graduate.

High School students may need to pass-a new class on how to handle money before they graduate.

It  look like Florida  high schools will require students to pass a mandatory, half-credit course in financial literacy. The measure is gaining great support from all the key people needed to get a bill passed. Teachers, business leaders and representatives from both sides of the political isle are pushing legislation that would add a new graduation requirement for Florida high school students.

According to the Tallahassee Democrat : In an overhaul of graduation requirements last year, lawmakers required school districts to include financial literacy in their high school economics curriculum, but the Florida Council on Economic Education says students should take a stand-alone “money course” that prepares to manage their finances as adults.

Supporters of the effort point to studies that show half of Florida high school students lack a detailed understanding of issues like credit and insurance, and that students who take financial literacy courses are more likely to avoid risky financial decisions later in life, such as racking up credit-card debt.