Arizona schools need personal finance: State Senate’s uphill battle!

February 2, 2024
1 min read

TLDR:

The Arizona Senate Education Committee has passed Senate Bill 1058, which would require a semester of personal finance education for high school students. Currently, 26 states require stand-alone finance courses, up from just six in 2019. The bill would separate personal finance instruction into a standalone course and set topics to be covered, such as investing, managing credit, budgeting, and retirement planning. Opponents of the bill claim that financial concepts are already embedded in existing coursework and worry about implementation challenges and impacts on elective choices for students. The bill currently awaits further action by the Senate Rules Committee and the State Board of Education.

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