Only 1 state gets an A+ for requiring students to take a financial literacy class in High School

Apr 28, 2018 10:44 AM

imdur254

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#money#personal_finance

Utah has gotten an A+

Teachers in Utah are required to educate students about broad concepts, like decision-making and goal-setting, but they’re also required to teach more complex things like credit scores, investing, retirement savings and how to navigate student loans.

That lesson seems to be received by students statewide, as Utah has the lowest average student loan debt in the nation. The average Utah student graduates college with $18,873 in student loan debt, compared with $37,172 nationally.

https://www.champlain.edu/Documents/Centers-of-Excellence/Center-for-Financial-Literacy/2017-Making-The-Grade/Making-the-Grade-2017.pdf

California, no surprise there

8 years ago | Likes 1 Dislikes 1

It's easier to get people who don't understand how money works into crippling debt.

8 years ago | Likes 14 Dislikes 1

It wasn't a state level requirement, but everything you listed as a Utah requirement was covered in my NY high school

8 years ago | Likes 5 Dislikes 0

Between this and that "free range parenting" law, Utah's just killin' it

8 years ago | Likes 4 Dislikes 0

Surprised Nevada isn't ranked lower. Says a lot about Cali if you're losing to Mississippi

8 years ago | Likes 3 Dislikes 0

It’s almost like Mormonism encourages fiscal frugality and responsibility.....

8 years ago | Likes 2 Dislikes 0

I had personal finance and consumers math in high school in michigan. Both were electives but counted as math credits which you needed.

8 years ago | Likes 1 Dislikes 0

Woot woot NH

8 years ago | Likes 1 Dislikes 0

There are these simple oversights in every industry. And then once they r found out, THEY R RARELY FIXED!!!

8 years ago | Likes 1 Dislikes 0

Yeah but who wants to live in Utah...

8 years ago | Likes 8 Dislikes 4

Me, and a while lot of people moving here.

8 years ago | Likes 2 Dislikes 1

Mormons.

8 years ago | Likes 3 Dislikes 0

Utah is beautiful. Also I’m from Wisconsin. What’s this financial planning you speak of?

8 years ago | Likes 2 Dislikes 0

I dunno, I kinda like it here.

8 years ago | Likes 2 Dislikes 0

So 2 people and the Mormons, got it.

8 years ago | Likes 2 Dislikes 0