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Florida Chief Financial Officer (CFO) Jimmy Patronis issued the following statement on the House’s passage of Senate Bill 1054, sponsored by Senator Hutson. This proposal will require that Florida high school students earn at least one-half credit of instruction in financial literacy or money management and will teach students about banking practices, money management, credit scores, managing debt, loan applications, insurance policies and local tax assessments.
CFO Jimmy Patronis said, “It is critical we set Florida students up for financial success and this legislation will ensure vital financial literacy resources are available to students before graduation. Financial literacy is an important key to a strong financial future and learning the basics of credit, budgeting, savings, and investing, can further prepare students for a successful future. These lessons are also critical to training future generations of Americans to appreciate America’s capitalist system and grow our nation’s pool of entrepreneurs.
originally posted by: carewemust
That can be a depressing subject this year.
Teacher: "Want to know How Broke You Will Be by the End of 2022? Let's figure it out!"
originally posted by: Ksihkehe
a reply to: worldstarcountry
We know that everything Florida does is highly unconstitutional and causes many pearls to be clutched. I expect we'll see a wave of lawsuits from the parents of children who identify as financially illiterate in the wake of this inhumane bigotry.
The spin they come up with to villainize this one should be a real zinger. On Monday a very smart PhD in education, that has ironically never been an educator about anything except education, will be telling us why it's a bad thing for kids to have a class on finance.
originally posted by: chiefsmom
Seriously? They have to pass a law for this BS?
It was called Home Economics in the 80's
And was a required class.
See what happens when you take common sense, out of schools?
You have to pass a law to put it back in.