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This gap may soon close with a series of bills making their way through the Massachusetts Legislature this fall, led by Sen. Now more than ever, access to these tools should be free and easily available to every student in grades K-12.” Goldberg issued a report this month in which she said, “Requiring that all Massachusetts schools offer financial education courses is a crucial step in building a more equitable future for our children.
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Zip code should not be destiny when it comes to whether or not high school students receive this essential course. If you are lucky enough to attend Newton North High School or North Attleboro High School or Wilmington High School or 12 other high schools in Massachusetts, you will be guaranteed to take a personal finance course before you graduate.
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A study we commissioned this year by Montana State University shows that just 4.9% of Massachusetts high school students are guaranteed to take a personal finance course before graduation. While a leader in many education priorities, the state lags in access to financial education in high schools. Financial literacy finally is a hot topic in school districts across the state. Massachusetts could well be the 11th state. Ten states now guarantee at least one semester course in personal finance for all students before graduation.
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Twenty-six states introduced financial education bills this year. Our non-profit organization works with personal finance teachers across the nation, and we are seeing momentum like we’ve never seen before.
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