2024 Survey of the States

We’re encouraged by the growing commitment from government leaders and educators to financial literacy and the lasting impact it will have on young people’s lives.

A more financially literate citizenry is also more informed about public policy, better equipped to understand issues like taxation and government expenditures, leading to a more engaged and stable civil society.

Personal finance helps students manage their own financial lives, while economics gives them the broader perspective needed to understand how markets, policies, and systems shape opportunity.

Economics is about choices, about costs and opportunities. Teaching our students the basics of economics and personal finance helps them make more thoughtful choices. The more individuals who make better choices, the greater the probability that we will have a resilient economy and a more effective political system.

It’s been a banner two years for young people’s financial knowledge and futures. Requiring all high schools to teach principles of personal finance and economics and all students to study it builds equity, knowledge and possibility. Putting life-essential financial knowledge into the hands of more and more kids is cause for celebration.”

It was obvious to many that in recent years younger generations have been struggling more and more to properly handle their personal finances, and the need for such a course was increasing.