Survey: Little to No Growth in Mandatory Financial Education

There has been no improvement in required economic education and little growth in personal finance education in K-12 public schools in recent years, according to the biennial Survey of the States from the Council for Economic Education.

Just 20 states require an economics course in high school, two fewer than in 2014, and only 17 require a personal finance course in high school. Since 2014, two states added a personal finance requirement to their K-12 standards, but no states added standards on economics knowledge. Seven states — Georgia, Indiana, Michigan, Mississippi, South Carolina, Texas and Virginia — meet all five criteria that CEE tracks for economic education. A mere five — Georgia, Michigan, Missouri, Texas and Utah — meet all five personal finance criteria.