Bill seeks to make personal finance a graduation requirement in Oregon

If you’re a student in Oregon, you may soon have to brush up on your personal finance skills before you graduate. A proposed bill in Oregon aims to make personal finance a mandatory graduation requirement. This means students would have to demonstrate a basic understanding of personal finance topics such as saving money, understanding credit, investing, and planning for retirement.

The bill was introduced by Representative Julie Fahey, who believes that personal finance education is essential to prepare students for the real world. According to her, many young people struggle with finances and end up making costly mistakes. The bill would ensure that students have the necessary knowledge and resources to manage their finances responsibly.

If the bill is passed, Oregon would join a growing list of states that require personal finance education as part of the curriculum. Currently, only 21 states require high school students to take a personal finance course or test.

The proposed bill has garnered mixed reactions, with some arguing that personal finance education should be the responsibility of parents rather than schools. Others believe that the curriculum should be expanded to include more advanced topics such as taxes and insurance.

Regardless of the outcome of the bill, it’s clear that personal finance education is an important topic that affects everyone. Understanding how to manage money effectively is essential to achieving financial security and independence. By requiring personal finance education as part of the curriculum, students will be better equipped to handle the challenges of the real world.