Personal Finance Class Required to Graduate? Soon in North Carolina that could be the case..

In downtown Raleigh, House lawmakers are debating House Bill 924 - legislation that would require high school students take and pass a financial literacy course prior to earning their diploma.

The Senate passed their version of the bill earlier this week.

According to the bill's language, at a "minimum," the financial literacy course would require students learn about:

*The true cost of credit choosing and managing a credit card.

*Borrowing money for an automobile or other large purchase.

*Home mortgages

*Credit scoring and credit reports*

*Planning and paying for post-secondary education

*Other relevant financial literacy issues

What do think about such a course being a requirement to graduate? Should such a movement be nationwide? Do you see any downside to this? We're curious to hear from you please comment below..

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