In a recent study, the state of Pennsylvania receiving low scores for teaching financial literacy to high school students.
The study was conducted by researchers at Champlain College in Vermont. It looked at graduation requirements and state guidelines for how schools must teach personal finance. Pennsylvania was one of the 11 states to receive an ‘F’ grade.
One local educational non-profit says they see financial literacy as a high priority. The Eagle’s Nest teaches students everything from how to balance a checkbook to how to purchase a home or automobile and how to save money.
Bishop Brock, CEO of the Eagle’s Nest, says, “If you don’t know how finances work then you’re lost…. because they don’t understand how financial literacy works at all.”
Brock says he recently met with Erie School District Superintendent Brian Polito to discuss financial literacy courses and their importance for students.