Bill > A4764

This bill amends the existing law to require high school students, in addition to middle school students, to receive instruction in financial literacy. The bill clarifies that instruction primarily focused on economic, business, or entrepreneurial literacy does not satisfy the financial literacy requirement. The bill also adds new content to the financial literacy curriculum, including behavioral economics, banking, consumer skills, taxes, and college financial planning. Furthermore, the bill mandates that the financial literacy instruction be taught by teachers with appropriate instructional endorsements in specific areas such as business, finance, economics, law, family and consumer sciences, or social studies. Finally, the bill requires school districts to develop local graduation requirements that include the completion of the financial literacy course for a state-endorsed diploma, starting with students entering 12th grade in the 2027-2028 school year.

Education

https://www.njleg.state.nj.us/bill-search/2024/A4764