A new Florida law says high school students will now be required to take a financial literacy course before graduating. Although learning how to manage money sounds appealing to millennials, it has received a rather shocking response on social media.
The course is said to teach different types of bank accounts offered, such as how to balance a checkbook, calculate federal income taxes, credit scores, credit card debt, and much more. Governor DeSantis mentioned that they were even going discuss cryptocurrency as the course evolves.
Many people thought it was a fantastic idea and took to their social media to share their opinion. many have said they would like to have this course at school.
Baby boomers even support Governor DeSantis’ efforts and joke about real-life situations with their own children.
Although many people have positive feelings about this new initiative… some have not held back their negative thoughts.
Some Twitter users compared their current view to reality, saying Governor DeSantis hasn’t helped improve the economy.
Some people even wondered if it was a teacher’s right or parental right show students how to manage their money well.
Florida joins 21 US states in requiring financial literacy as a prerequisite. The state is also the seventh in the nation to require a stand-alone course.
This bill was recently signed by Florida Governor Ron DeSantis on March 21, 2022.
Despite what people think of the bill, it is expected to come into force on July 1, 2022.