Next Gen Personal Finance is a nonprofit advocacy group whose mission is to see that by 2030, all U.S. high school students will be guaranteed to take at least a one semester-long personal finance course before graduation.
With its tracker function, the organization follows the progress of financial education bills that have been introduced across the United States. This year, 33 states have introduced 98 bills. Of these, 33 bills are active in 22 states. Twelve bills have been signed into law in 11 states.
Following is a brief rundown of each of these bills.
Alabama
The new law requires public high school students to complete a personal financial literacy and money management course before graduation. It provides for creation and administration of a financial literacy examination; and requires the reporting of a summary of examination results to the State Department of Education.
Connecticut
The law establishes a standalone personal finance graduation requirement for high school students.
Idaho
The law adds to an existing one to require financial literacy courses in certain grades.
Indiana
The new law requires all high school students beginning with the cohort who are expected to graduate in 2027 to complete a personal financial responsibility course before graduation. It also creates content requirements for the course.
Louisiana
The law adds financial literacy as a separate required course for high school students.
