Florida education department seeks input on financial literacy standards
Demand has risen in recent months for Florida high school students to receive an improved education in financial literacy. Lawmakers recently added the requirement that the subject be added to schools' curriculum. Some people think the topic should be a graduation requirement.
With that push in the background, the Florida Department of Education has proposed a set of financial literacy academic standards. The 17-page document (available here) is now open for public review and comment. A survey asking whether the standards are age-appropriate, clear and concise, and without gaps also is open through March 3.
The standards include such topics as saving, using credit, investing, insuring and earning. They are set up for grades four, eight and twelve.
A committee of six experts reviewed the materials before the department unveiled the proposal. The members were: Michael Palfy, Economics teacher, Osceola County School District; Dianna Miller, Economics teacher, Florida Virtual School District; Cade Resnick, Economics teacher, Seminole County School District; William Bosshardt, Director of Center for Economic Education, Florida Atlantic University; Robin Warren, former director, Florida Council on Economic Education; and William Larry Houff, Tax Partner, Carr, Riggs & Ingram, LLC.