To include financial literacy education as a graduation requirement in high schools operated by the Department of Defense Education Activity.
About This Bill
Committee
Latest Action · June 14, 2023
Referred to the Committee on Armed Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
This bill requires the Department of Defense to make financial literacy education a mandatory graduation requirement for all high schools operated by the Department of Defense Education Activity, which serves military families both domestically and overseas. Students would need to complete a dedicated course in financial literacy covering topics like budgeting, saving, and credit management before they can graduate. The requirement would begin with students entering ninth grade in the first school year that starts one year after the bill becomes law, giving schools time to develop and implement the curriculum. The legislation does not specify funding amounts or allocate new money, leaving implementation details to the Department of Defense. This change would affect tens of thousands of military-connected students attending Defense Department schools around the world.
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