State Superintendent Mark Johnson Declares March NC Public Schools Credit Education Month and NC Public Schools Financial Literacy Month

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NCDPI News Release

For immediate release

Mar 1, 2020

 

State Superintendent Mark Johnson Declares March NC Public Schools Credit Education Month and NC Public Schools Financial Literacy Month

 

 

State Superintendent Mark Johnson has declared the month of March as NC Public Schools Credit Education Month and NC Public Schools Financial Literacy Month in North Carolina.  This comes after a recent survey of North Carolina parents and educators found that 88 percent of respondents believe that schools need to focus more time on teaching financial literacy. The North Carolina General Assembly enacted Session Law 2019-82 in 2019 to require that all high school students take a course on financial literacy prior to graduating high school.  U.S. Bureau of Consumer Financial Protection has stated that today’s consumers need financial skills now more than everand that financial educators can support day-to-day money management, planning, and a habit of savings to help people achieve better financial outcomes within the context of their circumstances. 

 

Wwant students to know all the pathways to success they can choose, whether a credential in high school, serving in the armed forces, or attending community college or a four-year program. Importantly, every student must be equipped with the skills to understand credit, debt, and finances.” said Superintendent Johnson. “Our recent survey reinforces that these lessons are important to parents and teachers.” 

 

March has also been designated as National Credit Education Month and April has been designated as National Financial Literacy Month. 

 

“And, under my leadership, we will not remove any U.S. history standards in order to add financial literacy. Both are vitally important for our students to become productive citizens, said Superintendent Johnson. 

 

The 2019 legislation requires students receive instruction that includes education on the true cost of credit, choosing and managing a credit card and borrowing money for large purchases, such as automobiles and homes. 

 

The new requirement for the financial literacy course will begin with the 2020-2021 incoming freshman class 


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