New Jersey A855 mandates financial literacy education for high school students on higher education costs, student financial aid, and cryptocurrencies.
New Jersey A855 amends the public school curriculum to include financial literacy instruction for secondary students. This instruction covers the application process for financial aid for higher education, the costs of higher education, and the types of loans, grants, and other student assistance available. It also addresses students' rights and responsibilities regarding student loans, including payment options and resources for decision-making. Additionally, the curriculum will educate students about cryptocurrencies, investment risk assessment, and awareness of "get rich quick" scams.
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