A recent TIME article explains Oklahoma’s creation of “one of the most comprehensive statewide school-based financial education programs in the country.” Beginning this May, high-school seniors will be required to have a firm understanding of 14 money management concepts in order to graduate.
The Wall Street Journal reports that while more U.S. students are taking personal finance or economics classes than before, many schools have yet to teach either subject. According to CEE’s newly published Survey of the States, high schools in just 24 states offer economics courses, while 22 states have an economics requirement, little changed from the most recent survey two years ago.
Council for Economic Education’s 2014 Survey of the States Reveals Slow to No Growth
NEW YORK, NY February 12, 2014 – A majority of the public school students in the United States still are not exposed to economics or personal finance education despite the lessons of the recent recession, a new survey shows. Read more…
In This Issue:
- The State of K-12 Economic and Financial Education in the U.S.
- CEE Now Accepting Proposals for 53rd Annual Conference
- Mobile Phones Matter
- Economist Spotlight: Interview with Alan B. Krueger
- Gen i Revolution – Finance Fun for Brooklyn Tech Students
- This Day in History
- How to Get Involved in your State’s Economics Challenge
Overwhelming Majority of Americans Believe Financial Literacy Should be Taught in Schools
The FINRA Investor Education Foundation (FINRA Foundation) released the results of America’s State-by-State Financial Capability Survey. The survey findings are available at www.usfinancialcapability.org, which features an interactive map of the United States, and allows the public, policymakers and researchers to delve into and compare the financial capabilities of Americans across all 50 states and the nation as a whole.
The 2012 Survey asked respondents whether they thought financial education should be taught in schools. An overwhelming majority (89%) of respondents said yes, indicating strong support for increased school based financial education. As of June 2013, only 16 states require that some sort of personal finance education be offered in high schools and only 15 states require that course for graduation. The Council for Economic Education is working with state affiliates to increase these numbers so that more students have exposure to this important topic as part of the required curriculum. Read more…