In 2014, the Council for Economic Education released a survey of the states that revealed some relevant information about K-12 economic and financial education in the U.S.
It found that last year, 19 states require a personal finance course to be offered, up five states from 2011. However, despite the increase of required finance courses, the number of states that included personal finance in their K-12 standards actually decreased by three as states scrambled to update standards under new waivers and using the Common Core.
But despite the fact that financial literacy education is up-in-the-air as to how important it is considered on a state-by-state basis, a 2012 survey from the FINRA Investor Education Foundation found that nine out of ten respondents support financial literacy being taught in schools.
Which States Require Financial Literacy
Currently, only four states require a stand alone personal finance course for graduation credit. Those states are Utah, Missouri, Tennessee and Virginia.
Nevada, Idaho, Arizona, Texas, Oklahoma, Kansas, Colorado, South Dakota, Louisiana, Illinois, Indiana, Kentucky, Ohio, West Virginia, North Carolina, South Carolina, New Jersey, New York and New Hampshire all require personal finance to be incorporated into other subject matter in some