Advocacy News – June 22, 2022
Until last week, Michigan’s K-12 education system was missing a major component of teaching that would truly benefit all students for a lifetime: requiring a financial literacy course for graduation. Just recently, Gov. Gretchen Whitmer signed into law House Bill 5190 now Public Act 105’22, sponsored by State Rep. Diana Farrington, which was strongly supported and encouraged by the Michigan Chamber of Commerce.
The bill would require students entering into 8th grade in 2023 to complete a half-credit of personal finance in order to graduate high school. This addition to Michigan’s curriculum will help lay a foundation of essential personal finance awareness and understanding that will help prepare students for success, in both careers and life.
For questions or more information, please contact Leah Robinson at lrobinson@michamber.com.