HI SCR153

Urges the Department of Education to implement a graduation requirement of at least half a credit in financial literacy during junior or senior year for high school students.

Required curriculum topics include banking, credit cards, student loans, filing taxes, credit scores, savings and investments, rental deposits, and wages and benefits analysis.

Notes that 17 states currently require financial literacy courses for graduation and that Hawaii ranks among the 10 states with lowest high school financial literacy while ranking among the highest 15 states in credit card debt.

References a 2015 task force report that recommended implementing a financial literacy program in Hawaii public schools.

Directs transmission of certified copies of the resolution to the Chairperson of the Board of Education and Superintendent of Education.