California to make financial literacy classes a requirement to graduate high school

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Governor Gavin Newsom announced on Thursday an agreement that requires all California high school students to take a semester-long personal finance education course starting by the 2027-28 school year.

Students are finding lessons in finance before they graduate high school. Clovis West High is home to a unique career tech pathway.California is set to add financial literacy classes as a requirement to graduate high school.Governor Gavin Newsom announced on Thursday an agreement withThe agreement requires all California high school students to take a semester-long personal finance education course starting by the 2027-28 school year.

Nex Gen Personal Finance, which sponsored California Assembly Bill 2927, aims to have all U.S. high schoolers take at least one semester of a personal finance course before graduation.California lawmakers approved a budget on Wednesday that slashes spending and temporarily raises taxes on some businesses to close an estimated $46.8 billion budget deficit.

Once the bill is signed, proponents of the California Personal Finance Education Act initiative have agreed to remove its measure from the November 2024 ballot.

 

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