Financial education becoming more common

Not too long ago, high school students studied traditional courses like math, history and English. Personal finance was almost never covered. That’s all changing, and it’s one of the best innovations in American education in years.

Almost half the states — 24 or them — now require high school students to learn about personal money matters in their classroom along with the other topics that teachers have taught for decades. Nebraska and New Mexico have recently joined this trend, and Florida did last month.

In Florida, the Legislature approved a bill requiring students to take a full semester course in personal finance before they graduate. Florida high schools had been offering that as an elective, but now it’s mandatory.

 

10 popular business majors in college

and their average annual salaries

Business administration – $62,900-$137,020

International business – $73,580

Management analysts – $82,450

Human resources management – $83,048a

Accounting – $92,910

Project management – $98,228

Finance – $99,330

Marketing – $112,800

E-commerce – $127,870

Entrepreneurship – $158,560

Source: Potomac.edu


Why would Florida and other states add this mandate to their already crowded school schedules? The answer, sadly, is all around us. From one coast to another, too many Americans don’t understand basic concepts about personal finance — a basic grasp of concepts like saving, credit,…

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