990WBOB
  • WBOB Radio
  • Crush Cancer
  • Past Casts
  • Weather
  • Contact
  • About
    • WBOB Press Releases
    • Join Our Team!
    • CHARITY GALA

Legislation Introduced to Expand Personal Finance Education in Rhode Island Public Schools

1/11/2019

Comments

 
Picture
​General Treasurer Seth Magaziner has joined with Senator Sandra Cano (D-Dist. 8, Pawtucket) and Representative Joseph McNamara (D-Dist. 19, Warwick, Cranston) to introduce legislation that will expand the teaching of personal finance in Rhode Island's public high schools.
​
Magaziner, Cano and McNamara were joined by a diverse group of stakeholders, including teachers, students, legislators, and community organizations who support the effort to ensure that all Rhode Island student have access to personal finance education.
"Thirty-six states guarantee students access to personal finance education in their public schools, but Rhode Island does not," said Treasurer Seth Magaziner. "Financial education is vital in setting young people up for success in life, and Rhode Island has fallen behind in offering financial education in our schools."
​
While seven Rhode Island school districts have made personal finance a graduation requirement, and most Rhode Island high schools offer classes that include personal finance, Rhode Island is an outlier in not guaranteeing that all students benefit from personal finance education.
The legislation introduced by Magaziner, Cano and McNamara, Chairman of the Health, Education and Welfare Committee, would require all public high schools to offer a class that includes personal finance beginning in the 2019-2020 school year, and would require students to demonstrate proficiency in personal finance by the 2021-2022 school year.

"We are letting our children down by not teaching them the most important and most needed skill in adulthood - financial literacy. Without adequate financial literacy, our graduating students are put at a distinct disadvantage in starting their adult lives. This must end for the sake of our students and I am looking forward to working with Treasurer Magaziner to ensure Rhode Island's kids get the financial education that will benefit them so much later in life," said Sen. Sandra Cano.

"All adults should possess the skills necessary to manage their money wisely," said Rep. McNamara. "Not knowing the basics can lead to a web of bad credit and poor financial decisions. A high school diploma becomes a lot more valuable when it comes along with the ability to manage personal finances and avoid a lifetime of debt."

A recent report published by the Treasurer's office outlines the need for personal finance education in Rhode Island schools, the positive impact that financial education can have the long-term financial health of students, and a path toward ensuring that all Rhode Island students receive access to personal finance education.
​
The report can be downloaded at: treasury.ri.gov/FallenBehind

Read More 990WBOB

  • ​Read It Again: 990WBOB's Most Liked Articles of 2018
  • So Long Sears
  • A Tale of Two Congressmen - It Could Be the Worst of Times
  • Five Rhode Island Political Story Lines to Follow in 2019
Comments

    WBOB
    Original
    ​Reads

    Picture

    Unbiased, Unfiltered. WBOB's Original Reads feature our brightest and boldest personalities, offering their two-cents on the goings on of news, sports, politics, entertainment, and business. -- Are our opinions always PC? Nope. Are they always perfect? Nah. But, are they always 100% authentic? Absolutely!


    LISTEN
    ​TO WBOB ORIGINAL PODCASTS

    Picture
    Listen to
    ​Past BOBCasts

    WBOB 
    Best Reads
    Brought To You By
    TripAdvisor.com

    Picture

    Celebrating David Clyde: A Wild Passionate Friend To All


    Picture

    Search 
    The Archives


    Reads From Our Friends

    Picture

    The Best Game Development Tools: How to Make Your Own Game


    Contact Us
    [email protected]


    Archives

    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012

Search For Your Favorite WBOB Author,
​or BobCast

990WBOB 
An Independent Media Outlet.

The views opinions and thoughts expressed do not  reflect those of 990WBOB, its management or its staff. All Rights Reserved 990WBOB.com 2007-2020
​
Contact WBOB HERE
Photo from nzhamstar
  • WBOB Radio
  • Crush Cancer
  • Past Casts
  • Weather
  • Contact
  • About
    • WBOB Press Releases
    • Join Our Team!
    • CHARITY GALA