Learning to be More Literate
From a financial standpoint
As the result of a new state law, all Ohio public high school students who enter ninth grade on or after January, 2022,
will be required to complete a course in financial literacy.
This new regulation, the result of Ohio Senate Bill
No. 1,
has been signed into law by Gov. Mike DeWine and took effect on January 27 of this year.
In order to complete this new educational requirement, students will need to take a minimum of 60 credit hours (one half course credit)
in topics that include the tax system, interest rates, loans, and the use of credit cards.
Said one of the bill's sponsors, State Sen. Rob McColley, "It is our duty as a state to ensure that our education system prepares Ohio
students for success. There are few things that will better prepare someone for success than an understanding of basic financial literacy."
Here
is some additional information on the new educational requirement.
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