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Should New York High Schools Be Required to Teach Financial Literacy? (City Limits)

City Limits, September 27, 2022

Should New York High Schools Be Required to Teach Financial Literacy?

A bill that would require high school students across the state to take a personal finance course has been introduced a number of times in the Albany legislature dating back to 2009, but has yet to pass….The bill didn’t make it out of the education committee by the time the last legislative session ended in June, though it earned the support of the New York City Bar Association‘s insurance and education law committees. “Instruction in financial literacy in our state’s schools is nearly nonexistent,” the committees said in a May report arguing in favor of the legislation. “Here in New York—viewed by many as the financial capital of the world—a student can graduate from high school and even obtain an Advanced Regents Diploma without ever receiving this valuable, essential instruction.”

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