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The New Bill Advises Teaching Financial Literacy, Privileges in Public Schools

Being a part of East Tennessee's Freedom Institute literacy program, kids are getting an education on how to be more financially accountable through a fun seminar.

MONTGOMERY, Ala

An Alabama state policymaker has proposed a bill that would explain to public school students numerous important skills they could practice later on in life.

State Representative Prince Chestnut has supported House Bill 259 for the 2022 legislative period. The bill would allow native, public school boards to propose courses on individual finance literacy, personal rights, and respectable citizenship. These courses would be accessible as electives for students in levels six through 12.


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Agreeing to the bill, personal finance literacy comprises savings accounts, emergency treasuries, and building prosperity, among other lessons.

HB259 says scholars would learn how to financially organize for college, a significant skill as many Alabamians leave higher schooling thousands of dollars in debt. It would similarly show students the choices they have if they do need to apply for student loaning. According to Education Data Ingenuity, on average undergraduates in Alabama leave the institute with $37,348 of debt and around 615,000 students in the public have student mortgages.

The New Bill Advises Teaching Financial Literacy, Privileges in Public Schools

Students who don’t able to appear in college would advantage of the bill’s push to teach extra financial talents like wealth building. According to the notice, wealth-building would contain courses on short-term and long-term financing and employer advantages, among other things. Students would likewise learn about the many insurance plans available to them as they transition from their parent’s strategy to corporate or private insurance.

It’s not only finances that the said bill would teach; it would similarly show students how national voting works and what privileges they have as American citizens. According to the bill, state voting laws and processes, voter registration, and how the party arrangement works are things this latest curriculum would propose. It similarly states students would have a deep dive into the U.S. Constitution and clarify what privileges they have under the Bill of Rights.


The New Bill Advises Teaching Financial Literacy, Privileges in Public Schools

The bill states students would learn communication abilities that it calls ‘good citizenship’. This would comprise skills regarding authority and the property of others, morality, and how to interrelate with law enforcement. Based on the bill, students would study how to safely interact with law administration during a traffic stop and further incidents where bylaw enforcement is involved. They would also be skilled in court procedures and discuss gang-related violence.

48 News has approached Rep. Chestnut to put remarks on his bill.

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