TALLAHASSEE, Fla. (7/10/14)--It's now mandatory that students in Florida receive at least some training in financial literacy.
Florida's Board of Education adopted a financial literacy "strand" into its social studies curriculum standards last month, the first state in the nation to do so.
Developed by the Council for Economic Education's Standards for Financial Literacy, the program includes lessons in financial literacy topics such as savings and investment. The standard is also expected to be a precursor to a mandatory full course on the subject in the future.
The League of Southeastern Credit Unions supported legislation by Sen. Dorothy Hukill (R-Port Orange) and Rep. Heather Dawes Fitzenhagen (R-Fort Myers) that would have required students to complete a one-semester financial literacy course, but SB 212 and HB 367 did not leave the committee process in the 2014 session (eSignal Daily July 9).
The league said it will continue to work on that legislation with its sponsors during the next session.