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Committee advances 1-credit personal finance graduation requirement

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Summary

The House Primary and Secondary Education Committee voted to advance House Bill 342, which would require a one-credit personal finance course for juniors and seniors that may count as math, social studies or an elective; sponsors and student advocates said the measure fills gaps left by an earlier 2018 law.

Representative Michael Meredith told the committee that House Bill 342 would create a one-credit graduation requirement in personal finance for juniors and seniors, and that the course could count as a math credit, social studies credit or an elective.

“The bill would create a 1 credit graduation requirement for all juniors and seniors,” Meredith said, calling the measure "flexible" so schools can place the class where it fits in a student's schedule.

Patrick, a high school junior who testified with Meredith, described how unequal home instruction left his classmates with very different knowledge about basic financial concepts. “Those who were financially literate had learned from their parents, and while those who weren't had to learn from personal misfortunes,” Patrick said, recounting his decision to pursue legislative action after observing classmates’ varying…

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