By: Julie Heath
In my previous blog posts, I have made the argument that economic and financial literacy needs to be a deliberate component of the K-12 curriculum. Many states have moved toward creating required classes in economics and/or personal finance at the high school level. Ohio and Kentucky do not have a stand-alone, required course in either economics or personal finance. Indiana requires an economics course for high school graduation, but not a personal finance course. Even in those states with requirements, these efforts fall short of the mark. One semester is insufficient to cover even the basics of either subject, and waiting until high school to get serious about the subject matter is too late. Economics and financial literacy need to be taught from the very earliest grades, laying foundational concepts and building upon them--just as occurs with any other subject..