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BOSTON Massachusetts K-12 students could learn financial literacy skills through a new state curriculum established amid renewed nationwide interest to address pandemic-induced financial issues through education, according to a bill re-introduced by Rep. Peter Durant, R-Spencer.
The bill mandates the creation of a curriculum from the Department of Elementary and Secondary Education to enable students to make critical decisions regarding personal finance including understanding loans, borrowing money, managing credit card debt, saving and investing, using banking and financial services, and more.
“The premise of this bill is that we need to teach our children at an early age, well before they even leave high school, about financial literacy,” Durant said. “There are basic things that an adult needs to know so they don’t wind up in their 20s in serious financial debt.