Newsweek reports on a trend in schools that parents of teens have identified as a need for a long, long time:
Among unemployed Americans ages 18 to 29, more than a quarter are behind on mortgage payments, one 2009 study found, and this group also has soaring credit-card debt and bankruptcy rates. Spurred into action by the recession, some states are taking financial education to a place personal-finance experts have long advocated: high school.
The number of states requiring high-schoolers to take a financial-literacy course has almost doubled since 2007, to 13. In those states, September’s freshman class must learn about credit, debt, investing, and insurance.
It’s about time. But only 13? And is Texas included in that number or are we leaving students to figure out how to survive the financial jungle on their own?
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