Bill would require financial literacy classes in Texas - - Texoma news, weather and sports

Bill would require financial literacy classes in Texas

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DENISON, Texas -- Texas high school students could be required to take a new course: Financial literacy. 

House Bill 1182, introduced by Rep. Vikki Goodwin (D-Austin)  would make personal financial literacy a part of the curriculum statewide.

But Principal Cavin Boettger said that topic is already incorporated into classes at Denison High School.

"It gives them an opportunity to just learn about credit and banking and what it's going to cost to pay the bills," he said.

Boettger doesn't feel the legislature should mandate that course of study.

"Any time graduation requirements are changed, that causes some concern about who's going to pay for that," he said. "Unfunded mandates are always a concern when something required comes down the line."

Denison High senior Aubree Anderson said the financial literacy offered through the school has taught her a lot.

"I've learned how the economy works and how the stock market can drift up and down, and how that can affect not only family members, but also the gas prices and everything," she said.

Anderson feels more prepared for the real world because of what she's learned at school.

"It's definitely preparing me to fill out checks and make loans and saving accounts and all that," she said, adding that requiring financial literacy courses could help a lot of other students.

"I think it will definitely prepare us for after high school and after college, when we have to make decisions in the real world and how to stable our finances," she said.

If House Bill 1182 is approved, the legislation would take effect for the next school year.

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