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Report Gives Connecticut An F On Teaching Personal Finance

FAIRFIELD COUNTY, Conn. – A recent report by Champlain College gave Connecticut an F in how its schools teach personal finance topics in their curriculum.

The grading system was based on the belief that all high school students should be required to take a course that includes personal finance topics, even if these topics were just a modest part of the overall course offering, Champlain College said of its ratings.  Sixty percent of states received an C, D or F.

Connecticut was one of 10 states to receive an F, including Alabama, Alaska, Arkansas, California, Delaware, Hawaii, Massachusetts, Nebraska, Rhode Island and Washington.  States that flunked, the study said, did very little to ensure that personal finance topics were taught in their schools, and some don’t even include personal finance in their educational standards.

“The grading system recognizes the reality that a standalone high school personal finance course is often difficult to achieve,” the college said. “Many local and state governmental organizations take the position that adding a personal finance course requirement is just not possible.”

Champlain College is a small, private college in Burlington, Vermont.

To read more about the report, click here.

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