Long discussed and debated, and often only as a pie-in-the-sky idea, California has become the 26th state in the US to require a course in personal finance as a requirement for graduation as of 2030-2031, meaning these courses will need to be offered by 2027-2028 school year. Proponents say this is long overdue; skeptics are concerned it may limit students’ course flexibility. Whatever your stance, the need to familiarize many California students with the often-complicated landscape of financial literacy is hard to deny.
Momentum appears to be building for financial literacy. The number of states that guarantee personal finance education for high school students has grown from eight in 2021 to 26.
