Question of the Day [Updated]: What percent of U.S. high school students are required to take a personal finance course to graduate?
- Is a personal finance course a graduation requirement in your high school?
- Go to this map here to find out the situation in your state.
- Do you think that personal finance should be a required course? Explain your answer.
- What do you think are the 3-4 main topics that should be covered in a personal finance course for high school students?
Behind the numbers (research report from Montana State University):
While five states require students to complete standalone personal finance courses prior to graduating from high school,1 additional states require that schools incorporate financial literacy standards into required curricula, others require schools offer a class that covers financial literacy, and other states are silent on financial literacy matters. This means that some schools are left to satisfy state requirements in a variety of ways, and others are completely free to decide which classes to offer and require. Given the returns to financial education requirements can be quite high, understanding where financial literacy is offered and required across America is important.2 I analyze hand-collected data from 2019-2020 course catalogs within 7,611 U.S. public high schools, including 14,255 hand-coded specific courses.