Op-ed: California's personal finance education requirement is a commitment to future generations

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California Gov. Gavin Newsom recently signed a bill requiring high school students take a one-semester personal finance course as a condition for graduation.

California is the 26th state to require high school students take a stand-alone personal finance class.

As a proponent of this legislation and co-founder of Next Gen Personal Finance, I am elated that with the stroke of Newsom's pen, fully 64% of all U.S. high schoolers will be required to take a one-semester personal finance course as a condition for graduation.covering 17% It is high time that the most populous state in the nation and one of the most diverse, the home of innovation and opportunity, joined other states in requiring a personal finance class as a high school graduation requirement. Its dismal performance in this subject areaof high school students, according to the Next Gen Personal Finance 2024 State of Financial Education report. Compare that to 53% nationally. With the passage of this requirement, California puts a welcomed end to that failure.

 

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