Personal finances are key to the future of high school students in Ohio: Brian Page
COLUMBUS, Ohio – Teaching personal finance at Reading High School near Cincinnati, I saw the life-changing lessons students were applying, completing classroom taxes, opening bank accounts, starting IRAs from guard (Kiddie) and pull credit reports. It affected every student in a real way.
That’s why I support Ohio Senate Bill 1, which will ensure that every public high school student in Ohio will have to pass one semester of personal finance classes to graduate. State Senator Steve Wilson, a Republican from suburban Cincinnati, is championing this common sense legislation, with the support of many in the business and educational community.
Testifying earlier this year on behalf of the Bill, which is now before the House, former Reading High School (RHS) Promotion Major Nate Grant said: by letting him control them.
Donald Furniss (RHS ’20) testified, “Our class was very diverse with top graduates with high honors, average students, and students who might not graduate. But unlike your typical math, science, or English class, all the students were eager to learn. Personal finance was the most important and necessary course in high school because it applied to every student. “
This was echoed in the testimony of Noah Sofio (RHS ’17), my former student who recently graduated from Dartmouth College: “I have found financial literacy to be the most practical course I have taken in high school and college. ‘university. In an ever-changing world, high school students can hardly afford to wait and “figure out” important financial or life decisions until they graduate, especially when so many windows for making those decisions close in the middle of the day. when a student graduates from high school. “
The class helped RHS ’20 Salvatorian Kristen Cain choose a major and a career path. Others have learned well-paying trades.
This is probably why students such as Kylie Schmidt (RHS ’20) shared in her testimony that “high school offers us education in English, math, science and history, and while all of them are essential, none are is used as often as personal finance. “
Financial issues have become increasingly complex, with digital spending and saving options within the grasp of any teenager with a phone. So is the need for our education system to shape lessons on how to be financially capable, acting without impulse.
“It’s the shift in mindset that produces intentional financial choices and just causes a once incurable and naive student to ask questions,” said Anna Sofio, RHS ’19 graduate.
Not all students have parents or schools that guide them towards financial capability. As RHS ’18 graduate Caleigh Jacobs said in her testimony, “Since my high school personal finance studies my knowledge has been applied, deepened and shared with my peers. Without these lessons, students are intentionally disenfranchised.
Emily Brandt, RHS ’20, testified that, “Without the knowledge I got from my personal finance course, I can really say I would be in one of two situations right now. I would always worry about how much debt I am getting into debt, otherwise I would not have made it to college.
My students were lucky. Considering our world today, every student should be financially literate. Please contact your local representative to support Ohio Senate Bill 1. Thousands of Ohio children rely on us to make sure they get the knowledge and skills they need to control their financial destiny, instead of letting it control them.
Brian Page is a former personal finance professor at Reading High School and the 2011 Milken National Educator recipient of the Ohio Department of Education. He now supports personal finance education nationwide at the Next Gen Personal Finance Mission 2030 Fund.
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