South Carolina lawmakers want to make sure your child is prepared for the real world after graduation, by filling them in on key lessons in finance and United States government.
It’s a subject many young adults are not too familiar with; financial literacy. Several people 7News reporter Georgiaree Godfrey stopped on the street said they were not too savvy when it comes to personal finances.
But a bill filed by Senator Luke Rankin from would help prepare teenagers for the real world. The bill requires highschoolers to take and pass a financial literacy class for graduation.
Emily Dotterer, a USC student, described what she would want to learn if she had to take the class.
“Definitely learn how to do taxes and absolutely learning how to balance your checking account and check book and how to search for mortgages and stuff.”
The second bill filed by Senator Larry Grooms of Berkeley County would require high schools and colleges to provide instruction on the U.S constitution, Declaration of Independence and the Federalist Papers.
“Most voters over the age of 30. You don’t have too many young voters. I think there’s a reason because it’s not really pushed enough. I think if more students were educated on how the government works, how the economy works they would be better citizens,” added Andrew Smith, when asked to weigh in on the possible change.
The “REACH Act” would require a student to pass an exam on those topics in order to graduate.
Both of the bills were filed in the Senate and are now waiting to be discussed by a senate education committee.
At the high school level, students would have to take a year worth of classes on the Constitution. And on the collegiate level, students would be required to take 3 credit hours.