One state lawmaker is looking to add a financial literacy class as a requirement for high school students to graduate.
Republican Senator Chris Gebhard of Dauphin County explains why he’s sponsoring the bill.
“An alarming number of our students are entering adulthood and the workforce without an appropriate knowledge of basic financial concepts such as student loans, credit scores, home mortgages, compounding interest, or borrowing money for large purposes,” Gebhard said.
Gebhard says students and young adults in turn are making poor financial decisions, which burdens them and the state.
He believes this bill represents an investment in the state’s future.