With a state mandate looming, the Los Angeles Unified School District this week joined other districts in preparing to introduce a semester of personal finance by the Legislature’s 2027-28 deadline.
The LAUSD school board gave the go-ahead on Tuesday while stipulating that elements of financial literacy and economic justice be incorporated into the course.
As of 2023, only 27% of the state’s high school students attended a school that offered a course in personal finance, the California Department of Education reported. But to increase access and make it a high school graduation requirement, the state passed Assembly Bill 2927 in 2024, which proponents argue could boost students’ lifetime earnings by roughly $100,000.
Twenty-nine states already require such a course.
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