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Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20170&cosponId=22351
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House of Representatives
Session of 2017 - 2018 Regular Session

MEMORANDUM

Posted: January 20, 2017 01:17 PM
From: Representative Rosemary M. Brown
To: All House members
Subject: Graduation Credit for Courses in Financial Literacy
 
In the near future, I will be introducing legislation that will require school districts to allow students to apply credits earned through courses in personal financial literacy to satisfy graduation credit requirements in social studies.

Now more than ever, it is critical that individuals save money, make sound financial decisions, grow their assets and develop a secure financial future for themselves and their children. However, many families are financially insecure, with little or no savings to cover emergency expenses or plan for the future. In order to help young people acquire the knowledge necessary to make wise financial choices as adults, I believe high school courses in personal financial literacy should be encouraged.

My legislation will require public schools to allow students who earn credit for a course in personal financial literacy to use that credit to satisfy a graduation credit requirement in social studies. Importantly, my legislation will not require any public school to offer a course in personal financial literacy, nor will it require a student to take such a course.
Encouraging students to study personal financial literacy will help put young people on the path to a secure financial future.



Introduced as HB429