Kentucky public school students will now be expected to know how to balance a checkbook and the ups and downs of debt. Financial literacy is a requirement under House Bill 132, which passed on a final vote of 88-3 Wednesday in the House. It has been sent to the governor to be signed into law.
The bill will be implemented with students entering the 2020-2021 ninth-grade class. It is designed so every public high school graduate is taught how to budget, save, and invest. Coursework or programs that would meet the requirement under HB 132 would be determined by the high school’s school-based decision making council or principal. Guidelines would be developed at the state level with local programs aligned to the state standards.
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