Hawaii 2024 Regular Session

Hawaii House Bill HR109

Introduced
3/8/24  
Refer
3/13/24  
Introduced
3/8/24  

Caption

Urging The Department Of Education To Incorporate Financial Literacy Courses Into Curriculum Plans For Hawaii Public Schools.

Impact

If HR109 is enacted, the introduction of financial literacy education in public schools could become a transformative measure aimed at bridging the knowledge gap among students regarding personal finance. The proposed curriculum is set to include important topics such as budgeting, financial planning, saving, understanding banking services, state and federal taxes, and principles of borrowing and insurance. This comprehensive approach is expected to empower students with the knowledge necessary to manage money efficiently, leading to better financial outcomes in their future lives.

Summary

House Resolution 109 (HR109) urges the Department of Education in Hawaii to incorporate financial literacy courses into the curriculum plans for public schools. The measure stems from concerns that few students currently receive instruction on basic financial concepts, which is critical for fostering economic independence among young residents. The urgency of this resolution is underscored by Hawaii receiving a 'D' grade in its capabilities to prepare high school students for financial literacy by graduation. This highlights a significant gap in essential life skills that are vital for navigating personal and financial responsibilities in adulthood.

Contention

There may be discussions regarding the potential implications of mandating such courses in the school curriculum. Supporters advocate that financial literacy is essential for youth empowerment and success in later life. However, some could argue about the practical challenges of implementation, including the need for trained educators and resources to effectively deliver this curriculum. Moreover, proponents of local control may call for community or parental input in shaping the specific financial literacy content delivered in schools.

Companion Bills

HI HCR128

Same As Urging The Department Of Education To Incorporate Financial Literacy Courses Into Curriculum Plans For Hawaii Public Schools.

Previously Filed As

HI HCR128

Urging The Department Of Education To Incorporate Financial Literacy Courses Into Curriculum Plans For Hawaii Public Schools.

HI HR35

Urging The Department Of Education To Incorporate Media Literacy Into The Existing State Public School Curriculum.

HI SR211

Urging The Department Of Education To Incorporate Media Literacy Into The Existing State Public School Curriculum.

HI HCR40

Urging The Department Of Education To Incorporate Media Literacy Into The Existing State Public School Curriculum.

HI SCR218

Urging The Department Of Education To Incorporate Media Literacy Into The Existing State Public School Curriculum.

HI HR17

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

HI SCR193

Requesting The Board Of Education To Require The Instruction Of Financial Literacy In The Statewide Public School Curriculum.

HI SR165

Requesting The Board Of Education To Require The Instruction Of Financial Literacy In The Statewide Public School Curriculum.

HI HCR27

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

HI SCR28

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

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