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 requires Massachusetts schools to provide financial education to students. The goal is to equip young people with the knowledge and skills needed to make informed financial decisions throughout their lives. It aims to address financial literacy gaps and promote responsible financial behavior among students. The bill’s passage would establish a framework for integrating financial education into the existing curriculum.
Key provisions
- Requires all public schools in Massachusetts to offer financial education.
- Specifies the topics to be covered in financial education, including budgeting, saving, investing, and debt management.
- Establishes guidelines for the implementation of financial education programs.
- Requires the Department of Elementary and Secondary Education to develop resources and support for schools.
- Mandates that financial education be integrated into existing courses where appropriate.
- Promotes financial literacy among students of all grade levels.
Who is affected
- Students in Massachusetts public schools
- Public school educators
- The Department of Elementary and Secondary Education
- Parents and families of students
Notable changes
- Introduces a statewide requirement for financial education in schools.
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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