Tuesday, November 24, 2009

New Jersey Passes Financial Literacy Law

Last week Governor Corzine of New Jersey signed a bill into law that will create a three year high school financial literacy pilot program in six school districts across the state. The intention is that the six districts chosen will represent a cross-section of urban, suburban and rural students. Curriculum and materials will be provided by the NJ Dept. of Education. A grant provided to each test district will offset the cost of instruction.

Evaluation of the success of this pilot program will determine if it will be subsequently rolled out to the entire state.