STATEHOUSE (Jan. 31, 2023) — State Rep. Cory Criswell (R-Middletown) co-authored legislation that would require Indiana high school students to complete a financial literacy course before graduating.
Under the proposed legislation, students starting with the Class of 2027 would have to successfully complete a personal financial responsibility course before being able to graduate from a public, charter or state-accredited nonpublic school.
"Managing debt, taking out loans and creating budgets should not be trial and error experiences for young Hoosiers," Criswell said. "Teaching students these basic yet important skills early on can help them reach their financial goals and avoid mistakes that can impact their lives for many years."
Criswell, an educator, said financial literacy course topics could include spending and saving, opening and managing bank accounts, debt management, tax returns, loan applications, credit, and credit scores. The State Board of Education would be tasked with establishing the curriculum.
House Bill 1281 is assigned to the House Education Committee for consideration. Watch session and committees live, and view legislation at iga.in.gov.
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State Rep. Cory Criswell (R-Middletown) represents House District 54,
which includes portions of Hancock, Henry, Rush and Shelby counties.
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