© 2023 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Lawmaker calls for state financial literacy graduation requirement

Alexander Schimmeck

A state lawmaker has proposedchanging Michigan’s high school graduation requirements to include instruction in financial literacy.

The state core curriculum requires instruction in math, English, a foreign language, health, science and social studies. Republican Representative Dianna Farrington, who chairs the House Financial Services Committee, says that should also include learning about managing credit, student loans, mortgages and budgeting.

“And I just want to make sure that we are educating our young adults to go out into the world and use this as a life skill for the rest of their life,” she told Michigan Public Radio. “No matter what the future holds for someone’s education, career, family, I think every graduate will have personal finances and I think my plan will ensure that our schools prepare Michigan students for that.”

To compensate for the change, Farrington would drop the two-credit foreign language requirement by half a credit.

Rick Pluta is Senior Capitol Correspondent for the Michigan Public Radio Network. He has been covering Michigan’s Capitol, government, and politics since 1987. His journalism background includes stints with UPI, The Elizabeth (NJ) Daily Journal, The (Pontiac, MI) Oakland Press, and WJR. He is also a lifelong public radio listener.
Did you know that 40% of Michigan third graders have trouble with reading? Join WKAR in our efforts to increase youth literacy. Every donation of $60 or more provides a reading kit to a child in our community, and funds another year of local journalism. Donate today!