Kendall Hunt Publishing

High School Students Take Charge of Financial Future

December 2, 2019

By: Kendall Hunt

We are excited to soon offer a curriculum that will help you inspire your high school students to learn and take charge of their financial future. The need for financial literacy has always been present, but the recognition for that need in our schools is steadily increasing.

Research has shown that 51% of 18-24 years olds say they wish they had taken personal finance classes in high school. It’s no wonder this percentage is high when looking at the low number of high school and college students who say they do know how to manage their money effectively. We believe that students should learn how to pay bills, save money, invest, and borrow money responsibly before they are put in a difficult situation brought on by poor financial management.

Financial literacy programs have already helped over 13,730 students to date by learning and applying what they have learned. It has proven to be needed, as 109 schools across the U.S. have implemented this program into their curriculum. In fact, 20 states across the U.S. have now made a financial literacy class mandatory for their students to graduate and five more states have required the course to be offered to students who would like to take it.

Currently, only 24% of young adults demonstrate basic financial literacy. Empowering students to manage their money more effectively will give them the foundation they need to successfully take on the financial responsibilities that come after graduation.  Stay tuned for more information! 

 

*Source: https://financialeducation.uchicago.edu/