Forget high school financial literacy for a moment–– adult financial literacy in America is shockingly low. Maybe not that shocking:
The U.S. national debt recently soared past $30 trillion, leaving pensioners and younger generations wondering how the federal government will meet all its outstanding obligations. If Congress can’t even set a balanced budget, what hope is there for the rest of us?
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, recently told Yahoo Finance Live that the U.S. “standard of living is lower” because of that.
Meanwhile over half of U.S. adults say they’re financially anxious, and over three quarters live paycheck to paycheck.
One Rhode Island school is leading the way to a better future. Personal finance classes at Tolman High School are preparing students to be financially responsible adults as they make their way in the world. Class of ‘21 salutatorian Hanatha Konte told reporters at the Breeze, “The classes really broke everything down for me in a way I understood.”
Bottom Line: The success of teaching students how to manage money and balance their household finances has Rhode Island to pass a bill requiring the class for all high schoolers in the state. Gov. Dan McKee signed the bill into law last Wednesday at Tolman High School.
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esylvester6 on June 18th, 2021 at 14:06 UTC »
Just scrolling through these comments bashing education. I teach personal finance, AP Macro, and AP Computer Science. We’re trying, man.
Fund schools so I don’t have 30+ students in seven different sections to try and connect with, help one-on-one, stay in touch with their parents, give feedback, grade, schedule meetings to go over mistakes and re-teach, etc. for just 42 minutes per day. With 210 students a day, some are going to slip through the cracks and not get the attention they deserve. Motivation drops, and then my class becomes another “useless” class they had to take in high school.
Pay teachers more. Fund schools to hire more teachers.
CorgiDad on June 18th, 2021 at 11:58 UTC »
What the fuck is that URL?? High school brainwashes students? What the hell lol
tiroc12 on June 18th, 2021 at 11:41 UTC »
I am not super hopeful for the outcome of this class because every high school since the 70s has taught a civics/government class and most of the population can't tell you the three branches of government.