Last modified: 2017-03-25
Abstract
In a study of the status of financial literacy education in public high schools conducted in 2015 by The Center for Financial Literacy at Champlain College in Vermont, the Commonwealth of Pennsylvania was, along with ten other states, graded as earning an “F†in where it stands on this educational initiative. Five states where issued a grade of “A†in the report that was issued by the Center. The past and current efforts in Pennsylvania to address education on financial literacy in public high schools, including what was revealed in the 2013 Economics and personal Finance Education in Pennsylvania by the Commonwealth’s Departments of Education and Banking and Securities, are discussed. Also presented are the elements that are in place prompting the Center to assess that success is being achieved in the five states graded with an “Aâ€.