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Senate committee hears testimony on bill to make financial education a high‑school graduation requirement
Summary
Senate Bill 58‑49 would require all Washington high‑school students to meet state financial education standards to graduate, starting with instruction in 2029–30 and a graduation requirement for the class of 2033; supporters cited equity and student readiness while school leaders warned of an unfunded mandate and staffing constraints.
Senate Bill 58‑49 would make financial education a high‑school graduation requirement in Washington, the Early Learning & K–12 Committee heard on Feb. 5.
Elena Becker, committee staff, told the committee the bill requires school districts, charter schools and state tribal compact schools to provide financial education instruction consistent with OSPI’s learning standards and requires students to meet those standards to graduate. Becker said the graduation requirement would begin with the class of 2033 and that districts are directed to start offering instruction in the 2029–30 school year. She also said a fiscal note released the morning of the hearing estimated roughly $201,000 in state costs over a four‑year outlook and that additional district costs are indeterminate pending State Board of Education…
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