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Financially Literacy In High School - College Term Papers

Financially Literacy In High School

Abigail Hernandez

1/16/20

P.1

Khalid raps that high school students are "young, dumb, and broke." Unfortunately many young adults can identify, but 37 states still do not require financial literacy class ( source 1) despite the importance of finances to any young adult. High school students should be required to take a financial literacy course before graduation because otherwise students will graduate financially illiterate and the course will help them avoid future financial difficulty.

Students who are not exposed to financially literacy in high school may remain financially illiterate. These topics are difficult for students to learn on their own. According to Anamaria ...

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much about finances. Unfortunately, finances are not being taught to kids at home: "Studies have shown that only 26 percent of 13 - 21 year olds reported that their parents actively taught them how to manage money" ( Source 3). If students are not taught about money at home or at school, what chance do they have of being financially successful?

Students who take financial classes in high school will be able to avoid future financial difficulty. Financial classes helps students learn how to manage real life situations. According to Matthew Frost, an American history and economics teacher at Sunset High School in Dallas: "Research shows that this type of financial education tends to resonate with the students later" ( Source 1). Many students will face the challenges of budgeting that will be stuck with them throughout life. The Maryland Coalition for Finance Literacy did a poll of 2004 college students and discovered that credit card debt was the main reason why students ...

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Financially Literacy In High School. (2021, February 26). Retrieved January 28, 2022, from http://www.essayworld.com/essays/Financially-Literacy-In-High-School/107626

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PAPER DETAILS

Added: 2/26/2021 09:57:56 AM
Submitted By: abbyyhernandezz
Category: Education
Type: Premium Paper
Words: 418
Pages: 2

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