State Lawmakers Want To Add Financial Education

Jan 16, 2015

Credit Miran_Rijavec / Flickr

Lawmakers want Florida students to be smarter about their money.

They’ve introduced a bill to make a financial literacy course a high school graduation requirement.

Students would have to take lessons on taxes, compound interest, insurance, and how to weigh the cost and benefits of decisions.

The bill was introduced by Fort Myers Republican Representative Heather Fitzenhagen and Miami GOP Representative Manny Diaz.

The bill says the Florida Department of Education would choose a non-profit group to create the lessons.

Florida students currently receive financial literacy lessons as part of a required economics course. The bill would create a one-semester, standalone personal finance course.

The bill would also take away a one-semester elective course that students need to graduate high school.