According to the briefing paper, by 2021, a total of 25 states in the US had enacted laws that included personal finance education in their high school curriculum.
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Puerto Rico's Senate proposes amending a bill before its consideration Education Reforms ActDirects the Secretary of Education to include a course on economic and financial principles in the curriculum for secondary and higher education.
about this Senate Bill 1431It was presented by Javier Aponte Talmau, spokesman for the majority in the Senate, and co-authored by Senator Ramon Ruiz Nieves.
You can read the scale here
According to the briefing note, by 2021, a total of 25 states in the U.S. had passed laws to include personal finance education in their high school curriculum, leading states such as Arkansas, Hawaii, Nebraska, Colorado, Nevada, Rhode Island and Texas. Some form of legislation will be enacted, and seven states such as Virginia, Alabama, Tennessee, Missouri, Utah, North Carolina, and Mississippi will adopt the so-called Next Gen Personal Finance, also known as the “Golden Rule of Individuals.” Finance Education,” is a stand-alone half-semester course devoted exclusively to personal finance topics.
Many countries in Latin America, such as Argentina, Mexico, Chile and Brazil, have recognized the importance of promoting financial education and, with the participation of their respective education departments, have made significant efforts to incorporate these courses into their education. projects.
Likewise, a 2015 study by Standard and Poor's (S&P) indicated that only 35% of adult men and 30% of women in the world had knowledge of financial literacy. Globally there is a lack of training in this area, while European countries Norway, Denmark and Sweden lead the way in financial education, with 71% of their population educated in this field.
The authors of this activity believe that financial and economic education contributes to personal and social development, and such training not only focuses on acquiring theoretical knowledge, but also improves critical thinking, problem-solving and practical skills that allow young people to develop. They have to apply what they learn in real situations.
For these purposes, the Act intends to require the Secretary of Education to adopt and implement in the nation's teaching curriculum an intermediate and advanced course in economics and financial principles.
The bill was tabled on February 29 and referred to the Senate Committee on Education, Tourism and Culture.
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