Minnesota - 2017

Final Grade

B

Graduation Requirements

Is a high school course with personal finance concepts required to be taken as a graduation requirement? Yes, Minnesota requires that high school students take a half-year course in economics. See: Minnesota High School Graduation Requirements.

High School Education Standards

Minnesota implemented new social studies standards in 2013-2014. Personal finance is now embedded in an economics course required for graduation. There are 34 economics education benchmarks, five of which are personal finance in nature. Based on this information, we estimate that students receive approximately nine hours of instruction in personal finance. See: Minnesota Social Studies Standards (scroll to and click on Minnesota K-12 Academic Standards in Social Studies 2011, pages 12, 108-117).

Caveat

It is not clear how Minnesota measures student achievement in financial literacy.