Grade A for the Class of 2028. On December 6, 2023, Governor Evers signed a bill into law requiring that students graduating from high school in the Class of 2028 must take a half-year personal financial literacy course prior to graduating from high school. The Governor provided the following quote in his press release regarding the signing of this bill: "We have to make sure our kids have the tools and skills to make smart financial and budgeting decisions to prepare for their future, so ensuring our kids have strong financial literacy is essential to setting them up for success as adults…I’m glad to sign this bill today to make sure every student has a strong foundation for their financial futures." Wisconsin law prohibits school boards from issuing high school diplomas to students unless they complete certain minimum credit requirements in specified subject areas. Students must complete at least four credits of English, three credits of social studies, three credits of math, three credits of science, 1.5 credits of physical education, and 0.5 credit of health. The law passed in 2023 creates an additional requirement for students to complete at least 0.5 credit of personal financial literacy. The course must include financial mindset, education and employment, money management, saving and investing, credit and debt, and risk management and insurance. The requirement first applies to students graduating from high school in 2028.
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