The Senate today (September 23) approved a measure that will allow students to apply their practical financial knowledge toward their school district’s graduation requirements, according to Senator Dan Laughlin (R-49), prime sponsor of the bill.
Senate Bill 723 will require public schools to allow students to apply personal finance credits towards to satisfying graduation requirements.
“In order to help young people acquire the everyday critical knowledge necessary to make wise financial choices as adults, I believe high school courses in personal finance should be encouraged,” said Senator Laughlin. “This legislation will require public schools to allow students, in grades 9-12, to apply up to one personal finance credit towards satisfying their social studies, family and consumer science, mathematics or business education credit requirement for graduation.”
The bill gives schools the discretion to determine the graduation credit requirement to which the credit earned would be applied.
Senate Bill 723 now goes to House of Representatives for consideration.
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