DRESSER, WI -- Representative Gae Magnafici has expressed her support for the Act requiring one-half credit of personal financial literacy for high school graduation in Wisconsin. This initiative, which would begin with pupils graduating in 2028, would ensure that every Wisconsin student receives a primary education in personal finance.
"Personal finance education is crucial for young people to learn skills that will help them throughout their lives," Representative Magnafici said. "By ensuring that every Wisconsin student receives a basic education in personal finance, this Act will help them make sound financial decisions, plan for their future, and achieve financial stability."
Studies show that most students and parents consider personal finance education the most beneficial high school class. However, not all schools offer such a course, leaving many students unprepared to manage their finances once they leave high school. The Act requiring one-half credit of personal financial literacy for high school graduation in Wisconsin would address this need for financial education and equip students with essential life skills.
The Act also aligns with a national trend toward promoting financial literacy instruction in high schools. Seventeen states have already made personal finance education a graduation requirement, and 20 other states have introduced bills to promote financial literacy instruction.
"Every child, no matter their zip code, deserves a personal finance education," Representative Magnafici added.
In conclusion, Representative Magnafici believes that the Act requiring one-half credit of personal financial literacy for high school graduation in Wisconsin is essential to promoting financial literacy among young people. Equipping students with basic financial skills, this Act will help them make sound financial decisions, plan for their future, and achieve financial stability.
Last Update: Apr 06, 2023 7:39 am CDT
