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THE SENATE |
S.R. NO. |
18 |
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THIRTY-SECOND LEGISLATURE, 2024 |
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STATE OF HAWAII |
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SENATE RESOLUTION
urging the department of education to include the teaching of financial literacy in the existing personal transition plan course requirement for each student.
WHEREAS, in the past, the educational system has assumed that students will learn important financial skills from their families; and
WHEREAS, not all students are being taught the financial skills they will need to be successful later in life; and
WHEREAS, the lack of financial literacy in students poses a significant barrier for individuals seeking to achieve financial prosperity and stability; and
WHEREAS, personal financial education is essential to ensure that the State's youth are prepared to manage money, credit, and debt, and to become responsible workers, heads of households, investors, entrepreneurs, business leaders, and citizens; and
WHEREAS, it is of the upmost importance to educate Hawaii's youth in economic and financial matters to prepare them for financial independence through the development of fiscal responsibility and financial management skills; and
WHEREAS, although the Department of Education offers a financial literacy elective course, it is not required; and
WHEREAS, some amount of basic skills and knowledge of financial literacy should be required for all students; now, therefore,
BE IT RESOLVED by the Senate of the Thirty-second Legislature of the State of Hawaii, Regular Session of 2024, that the Department of Education is urged to include teaching financial literacy in the existing personal transition plan course requirement for each student; and
BE IT FURTHER RESOLVED that the Department of Education is urged to ensure consistency in the financial literacy course across all Department of Education high schools; and
BE IT FURTHER RESOLVED that certified copies of this Resolution be transmitted to the Superintendent of Education and Chairperson of the Board of Education.
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OFFERED BY: |
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Department of Education; Financial Literacy Course; High School Requirement.