Statehouse — A bill co-authored by State Sen. Jeff Raatz (R-Richmond) would require Indiana high school graduates to have some measure of financial literacy.
Senate Bill 35 would add a personal finance course requirement in high school.
Raatz and others believe such real-world education should be required as part of every student’s high school experience.
Prospects for this bill’s passage appear to be sound, according to lawmakers.
The measure would provide instruction on matters including money management, spending and saving, types of bank accounts, income taxes, credit cards, credit scores, and more.
If the bill becomes law, Indiana would join 15 other states, including neighboring Michigan and Ohio, that now require a personal finance course for graduation.
Raatz represents portions of Franklin County in the Indiana Senate.
(Story by WRBI reporter Bill Remeika)
