California SB1147 requires high school students to take a one-semester course in personal finance starting in 2030-31.
California SB1147 mandates that starting with the 2030-31 school year, high school students must complete a separate, stand-alone one-semester course in personal finance. This course must cover specific topics related to personal finance. The bill also allows local educational agencies to exempt students from the one-semester course in economics if they complete the personal finance course. The legislation aims to ensure that personal finance education is inclusive and does not promote bias, bigotry, or discrimination.
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