The bill brings financial literacy education to Kansas K through 12 classrooms. It requires the State Board of Education to improve and give more attention to financial literacy standards in the curriculum and to incorporate it on state-wide assessment tests.
"One of the things that often isn't taught is the practical day to day things that you actually need to live your life, so we hear a lot of horror stories about kids getting out of school - high school or college - not being able to balance a checkbook or getting into a huge amount of credit card debt," Parkinson said. "We need to make sure we're teaching our students what to do and what to avoid and this bill will help them do that."
As state assessment tests are revised, students will then be questioned on financial literacy.