Plugged in: schools require sex ed, but why not financial ed?
CLEVELAND – Public schools start teaching students sex ed as early as 5th grade.
In fact the curriculum is required in many states.
But financial education – spending, borrowing, saving for college and retirement – isn’t.
Only 17 states require any personal finance classes, and then for only one or two years. The result is that the U.S. ranks 14th — behind Israel, Canada, Australia, Singapore and much of Europe — in financial literacy. That’s according to a huge survey of over 150,000 people in 148 countries conducted by Standard & Poor’s and Gallup in 2014.
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