Hawaii House Bill HR17

Hawaii 2024 Regular Session

• Introduced: 2/29/24
• Refer: 3/8/24

Caption

Urging The Department Of Education To Include The Teaching Of Financial Literacy In The Existing Personal Transition Plan Course Requirement For Each Student.

Impact

If implemented, HR17 would standardize the financial literacy curriculum across all high schools administered by the Department of Education. By making financial literacy a requirement, the resolution aims to ensure that every student graduates with fundamental knowledge in money management, credit, and debt, contributing to their overall readiness for post-secondary life and employment. This initiative is seen as a step towards fostering responsible economic behavior among Hawaii's youth.

Summary

House Resolution 17 (HR17) focuses on urging the Department of Education in Hawaii to incorporate financial literacy training into existing personal transition plan courses for all students. The resolution recognizes the critical gap in financial education that affects students' preparation for managing finances in their adult lives. It emphasizes that many students do not receive the required financial guidance at home and must be equipped with essential skills necessary to achieve financial independence and stability.

Contention

While the resolution is largely viewed as beneficial for students' futures, potential opposition may arise regarding the sufficiency of the current educational framework and the resource allocation for developing and implementing a robust financial literacy curriculum. Concerns could also be raised about the practical aspects of enforcement and consistency in teaching standards across different schools, which would be essential for the resolution's objectives to be effectively met.