The Senate’s Education Committee this week failed to move Senate Bill 342 forward, which would have required California’s Instructional Quality Commission to incorporate financial literacy into the K-12 curriculum. The bill proposed a language change in the curriculum that would have led educators to teach real-life scenarios and age-appropriate best practices in various personal finance topics, such as the uses and costs of student loans, taxes, and budgeting.
The bill, introduced by Sen. Kelly Seyarto, would not have imposed additional financial burdens on schools across the state.
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