As college debt rises, so too does interest in teaching financial literacy, The New York Times reports.
Last year, just 17 states required high school students to complete a course in personal finance—a number unchanged from two years earlier.
However, a recent flurry of mandates and proposals in more than a dozen states suggests that efforts to formally include money matters in high school classrooms are gaining traction.
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“There was a lull,” Nan Morrison, chief executive of the Council for Economic Education, told the Times. “But now we’re seeing movement.”
Experts attribute the reignited interest to mounting student debt, which averaged $29,000 per person in 2017, according to the Institute for College Access and Success.
