Hawaii HB2557 mandates the University of Hawaii System to establish a free financial literacy program for students.
Hawaii HB2557 aims to enhance financial literacy among college students by requiring the University of Hawaii System to create a voluntary financial education program. The program, funded by the state, will be offered every semester at no cost to students. It will cover topics such as the true cost of credit, managing credit cards, borrowing for large purchases, home mortgages, credit scoring, budgeting, tax planning, and investing. This initiative complements the recent financial literacy requirement for high school graduation in Hawaii.
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