Lawmaker tries to improve high school personal finance

1 year 8 months 3 weeks ago Sunday, January 24 2016 Jan 24, 2016 Sunday, January 24, 2016 1:55:00 PM CST January 24, 2016 in News
By: Kolbie Satterfield, KOMU 8 Reporter

COLUMBIA - Missouri high school students could soon be learning ever more about personal finance. 

Incorporating a stand-alone personal finance class into statewide Missouri graduation requirements will be discussed Monday by the Missouri House Committee on Emerging Issues in Education. This will be the first time the potential bill will be heard by a committee.

As the current bill would stand, it would explemify the requirement students already have to complete a personal finance class before graduation. The bill would also alter the class to provide more detailed instruction and be based solely on personal fiance.

The potential bill would not allow classes relating to personal finance to take the place of a personal finance only class. Students would also not have the option to test out of completing the course based on their current proficiency. 

Rep. Mike Bernskoetter (R-Jefferson City) said the bill puts the class requirement into statute.

"It's an important step to take as we seek to provide young people with a foundational life skill that will remain relevant and useful for the rest of their lives," Bernskoetter said.

Currently students in Missouri must earn a half credit in the area of personal finance and are able to test out from doing so. Student's can currently receive personal finance credit through social studies or practical arts classes.

In a worldwide literacy survey, 57% of American adults are knowlegeable about finance literacy. Missouri is only one of five states to receive a financial literacy grade "A" from Champlain College's Center for Financial Literacy.

More News

Grid
List
SPRINGFIELD (AP) — A federal inmate with end-stage renal disease has been spared the death penalty for his fourth murder... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 12:27:00 PM CDT October 17, 2017 in News
ST. LOUIS (AP) — A Missouri appeals court has thrown out a $72 million award to a woman who claimed... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 12:19:00 PM CDT October 17, 2017 in News
TONGANOXIE, Kan. (AP) — Authorities have arrested a man and found three sisters whose disappearance in August from their Kansas... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 10:09:00 AM CDT October 17, 2017 in News
ST. LOUIS (AP) — A man has been charged with shooting a St. Louis police detective in the shoulder last... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 10:02:35 AM CDT October 17, 2017 in News
SPRINGFIELD (AP) — Authorities say deputies have shot and wounded a man after he pointed a gun at them in... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 9:55:26 AM CDT October 17, 2017 in News
COLUMBIA (AP) — The University of Missouri is hiring the top Missouri state senator's chief of staff to be the... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 9:50:49 AM CDT October 17, 2017 in News
JEFFERSON CITY, Mo. (AP) — The Missouri House Ethics Committee is reviewing a complaint against a lawmaker who called for... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 9:44:00 AM CDT October 17, 2017 in News
CARUTHERSVILLE (AP) — Authorities are searching for two inmates who escaped Sunday from the Pemiscot County jail. The St.... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 9:31:27 AM CDT October 17, 2017 in News
KANSAS CITY (AP) — Police records show there has been an unprecedented spike in gun thefts in Kansas City, Missouri.... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 9:17:12 AM CDT October 17, 2017 in News
COLUMBIA - The Boone County Sherrif's Department will conduct DWI saturation patrols from October 16 to October 23. Deputies... More >>
1 day ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 7:00:00 AM CDT October 17, 2017 in News
JEFFERSON CITY - Jefferson City inspectors have issued more than 3,000 property violations so far in 2017, and a new... More >>
2 days ago Tuesday, October 17 2017 Oct 17, 2017 Tuesday, October 17, 2017 3:31:00 AM CDT October 17, 2017 in News
COLUMBIA- A semi truck crashed over a guard rail on U-63 by E. Friendship Church Rd. late Monday night. ... More >>
2 days ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 11:57:00 PM CDT October 16, 2017 in News
COLUMBIA - A crash on Highway 63 South left two drivers in the hospital Monday night. The crash happened... More >>
2 days ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 11:50:00 PM CDT October 16, 2017 in News
COLUMBIA – City council members approved the construction of two new roundabouts near Mill Creek Elementary School following a public... More >>
2 days ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 8:20:00 PM CDT October 16, 2017 in News
COLUMBIA - An unnamed organization reported to the Better Business Bureau that it lost more than $3,000 from a phishing... More >>
2 days ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 8:16:00 PM CDT October 16, 2017 in News
JEFFERSON CITY - The Missouri Department of Transportation and Missouri Coalition for Roadway Safety are challenging drivers this week to... More >>
2 days ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 8:00:00 PM CDT October 16, 2017 in News
JEFFERSON CITY (AP) — Missouri's U.S. senators are pitching the Kansas City and St. Louis metropolitan areas as potential sites... More >>
2 days ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 7:32:00 PM CDT October 16, 2017 in News
COLUMBIA - Race Matters, Friends is currently seeking out volunteers to sit in on, take notes on and observe court... More >>
2 days ago Monday, October 16 2017 Oct 16, 2017 Monday, October 16, 2017 7:27:00 PM CDT October 16, 2017 in News
Columbia, MO
Broken Clouds 52°
5am 53°
6am 52°
7am 52°
8am 53°

Select a station to view its upcoming schedule:

Coming Up Next

4:00a
Early Today
4:30a
KOMU 8 News Today
5:00a
KOMU 8 News Today
4:00a
Paid Program
4:30a
Paid Program
5:00a
Paid Program

Tonight's Schedule

7:00p
Superstore
7:30p
The Good Place
8:00p
Will & Grace
8:31p
Great News
9:00p
Chicago Fire
7:00p
Supernatural
8:00p
Arrow
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld