Lawmaker tries to improve high school personal finance

4 years 4 months 4 days 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
CAMDEN COUNTY, Mo. -- The Camden County Health Department said Friday a Boone County resident who has tested positive for... More >>
2 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 6:08:00 PM CDT May 29, 2020 in News
COLUMBIA — Love Coffee received a surprise $10,000 donation from the Veterans United Foundation on Tuesday. The nonprofit will use... More >>
3 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 4:37:00 PM CDT May 29, 2020 in News
COLUMBIA — As state and commercial testing is more available for the Missourians, the number of confirmed cases is rising.... More >>
5 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 3:00:00 PM CDT May 29, 2020 in News
COLUMBIA - Mid-Missourians marched and held signs in Columbia on Friday morning to bring awareness to police brutality against African... More >>
6 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 1:52:00 PM CDT May 29, 2020 in News
CLARKSBURG, Mo. - Two people were arrested in Clarksburg, Mo., on drug charges after a search on May 21, according... More >>
7 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 1:32:00 PM CDT May 29, 2020 in News
MINNEAPOLIS (AP) — The Minneapolis officer who was seen on video kneeling on the neck of George Floyd, a handcuffed... More >>
7 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 12:46:00 PM CDT May 29, 2020 in News
O’FALLON, Mo. (AP) — Missouri’s only abortion clinic will be able to keep operating after a state government administrator decided... More >>
7 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 12:38:00 PM CDT May 29, 2020 in News
COLUMBIA - The Missouri River is expected to reach moderate flood stage in Jefferson City, Glasgow and Hermann this weekend.... More >>
9 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 11:30:00 AM CDT May 29, 2020 in Weather
As COVID-19 spreads, KOMU 8 will continue to update you about the impacts on the community. You can find... More >>
13 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 6:39:00 AM CDT May 29, 2020 in News
COLUMBIA- A student at the West Location of Tiger Tots Academy has tested positive for COVID-19. According to a... More >>
13 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 6:37:00 AM CDT May 29, 2020 in News
JEFFERSON CITY – During his daily COVID-19 briefing Thursday, Governor Mike Parson announced an extension of the phase one reopening... More >>
23 hours ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 8:42:00 PM CDT May 28, 2020 in News
COLUMBIA - As Boone County moves into the next phase of reopening, hair salons can now open their doors to... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 6:17:00 PM CDT May 28, 2020 in News
COLUMBIA - The City Manager of Columbia announced plans to further cut city budgets due to the effects of COVID-19.... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 2:42:00 PM CDT May 28, 2020 in News
As COVID-19 spreads, KOMU 8 will continue to update you about the impacts on the community. You can find... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 2:40:00 PM CDT May 28, 2020 in News
BOONE COUNTY - While other sports adjust the game plan to respect social distancing, some are just playing things business... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 2:16:00 PM CDT May 28, 2020 in News
KANSAS CITY, Mo. (AP) — The University of Missouri-Kansas City says it will begin bringing back faculty, staff and students... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 2:14:00 PM CDT May 28, 2020 in News
COLUMBIA — During the State of the City address, John Glascock said the city is leaving it up to the... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 1:51:00 PM CDT May 28, 2020 in News
JEFFERSON CITY - Governor Mike Parson will deliver his daily COVID-19 briefing live from the State Capitol in Jefferson City... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 12:46:00 PM CDT May 28, 2020 in News
Columbia, MO
Broken Clouds 70°
9pm 67°
10pm 64°
11pm 61°
12am 60°