Thursday, November 26, 2009

Education

Oklahoma May Require Financial Literacy

April 03, 2009 05:45 PM ET | Alison Go | Permanent Link | Print

The University of Oklahoma Board of Regents is discussing the possibility of adding a financial literacy requirement for college freshman, the Oklahoma Daily reports. The course, which would be similar to the school's informational alcohol abuse program, would focus on skills like handling a credit card account and understanding interest rates on loans. "We need to help them understand," said one school official. "They're vulnerable. They don't understand loans."

Tags: colleges | personal finance | University of Oklahoma

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Reader Comments

heh..

nice, really nice!

I think High School would be even better

I believe high school students could learn this as well, before they began to get credit card offers once they are in college. There should be room in any high school's requirements to add a financial literacy course even if it's just a semester long.

College is a good place for this

and the earlier (freshman year) the better. In high school, there are unfortunately too many chances a teacher will offend some PARENTS who are in the very "businesses" that are the subject of the warnings in the course. Then the school board gets an ear full and the teacher gets in trouble.

THIS and lobbying from various industries, in my opinion, is WHY we don't already have good courses in high school or even grade school.

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