Personal Finance Classes Should Absolutely Be Required for Students

In order to be eligible to receive a California college promise grant, students and their families should note: Funds are paid directly to the community college after the College Promise application is completed and the student is registered for classes. Certain income limit requirements must be met. For example, for the 2018-2019 school year, a family of four must earn less than $36,900 to be eligible for the grant.

Benefits Of Teaching High School Personal Finance. In order to have a country that has citizens who are mindful of their economic development, it is important that students are taught to become more involved in high school personal finance.They should be guided to make the informed choices with regards to their personal finances.

Earning a post-secondary degree or credential is a prerequisite for 21st century jobs, and one that everyone should. with less education. The point of these studies isn’t whether college provides a.

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We recently updated an article here on Consumerism Commentary, arguing that high schools should not require students to take personal finance classes. The article, written by the site’s original founder several years ago, makes some compelling arguments. But I don’t buy it.

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Annamaria Lusardi, the Denit Trust chair of economics and accountancy at the George Washington University School of Business, argues that American colleges should require students to take courses in personal finance. Young people are not handling key financial decisions such as student loans correctly, she says.

High schools are finally beginning to require personal finance courses. She says that the nationwide increase in consumer debt and student loan debt is also a concern. As a response to the growing demand for financial literacy education, NEFE developed a curriculum that it provides for free to schools.

Kudos to WSJ for asking the question and getting opposing viewpoints on the answer to the question. I am having trouble containing myself so I thought I better get my thoughts down on paper before I explode. First, the newspaper is asking the wrong question. The right question is "Should High School Students Be Required to Take A Personal Finance Course?” College is too late.