Financial Literacy Course Requirement for Graduation Begins Next School Year
Kettering High School offers a version of the financial literacy course a choice and has financial literacy elements built into career path offerings, said Kari Basson, spokesperson for Kettering City Schools. But she said Kettering will have to reduce the number of career course sections to make room for the class.
“Every time the state adds new requirements, no matter how well-intentioned, it reduces a student’s ability to choose the electives that most interest them,” Basson said.
Wayne High School, Stebbins High School, and Springboro High School are among the area schools that require financial literacy as a separate class for their students to graduate.
“The value of offering this type of course is in the obvious life skills students need no matter what path they choose after high school,” said Brent Carey, Acting Principal of Wayne. “Students need exposure to real-world applications.”
Students at Wayne can take the required course anytime between their freshman and senior year of high school, according to the district’s curriculum for the 2021-2022 school year. In the classroom, students learn about financial responsibility, planning/budgeting and managing money, consumer choices and purchasing decisions, investing, using credit, and obtaining necessary insurance , such as auto, life and health insurance. wayne won an award from Ohio Treasurer Robert Sprague for the class in February 2021.
Andrea Cook, assistant superintendent of instruction for Springboro Schools, said she believes personal finance is a necessary area for survival. Learning about credit, paying bills, earning income and investing for retirement are important skills to learn, she said.
“Financial literacy classes can deter, through education, these key life pitfalls that cause undue stress,” Cook said.
Scott Marshall, spokesperson for Springboro Schools, said these classes are offered in grades 9 through 12.
“The feedback we’ve received has been quite positive and helpful for our students, who are just starting to work, maybe buying a car and/or saving for college, etc.,” Marshall said.