An Act requiring financial education in schools
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill would require all public schools in Massachusetts to offer financial education to students. The goal is to equip young people with the knowledge and skills needed to make informed decisions about money management, budgeting, and saving. The bill aims to improve students’ financial literacy and prepare them for responsible financial behavior throughout their lives. It seeks to address a gap in educational resources related to personal finance.
Key provisions
- Requires all public schools to provide financial education.
- Specifies the content of financial education courses.
- Establishes a framework for implementing financial education programs.
- Mandates that financial education be integrated into the curriculum.
- Requires schools to assess student understanding of financial concepts.
Who is affected
- Students in Massachusetts public schools
- Public school teachers and administrators
- School districts in Massachusetts
- Parents and families of students
Notable changes
- Introduces a statewide requirement for financial education in schools.
- Addresses a perceived lack of financial literacy among young people.
Bill text
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Sponsors
Official sponsors from legislative records.
13 on record
Primary sponsor
Cosponsors
Amy Mah Sangiolo
James B. Eldridge
Arguments
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