Changing our Education Standards
Twenty states are known to have an economics class as a requirement for graduation from high school. These laws need to change, replacing economics with financial literacy.
Send a letter to your state representative or board of education representative. See sample content suggested below:
To: My Representative or Board of Education Re: "The Truth About Economics"
It has come to my attention that the economics classes taught at our local high schools are not what they need to be. Currently the full semester courses teaches old theories about the economy that are not representative of how the economy works today. Students quickly realize the course material can not be applied to real life situations and lose interest. We must provide relevant content for our children.
An easy fix is to drop economics and teach financial literacy instead. In a financial literacy course students learn practical concepts that are extremely valuable to their economic prosperity. Let's teach our children valuable lessons about life:
- Budgeting and planning for financial needs
- Saving and investing to support financial goals
- Credit, debt and credit scores
- Reading markets, shopping, and negotiating
- Careers and Income
- Risk, Insurance and legal matters
- Housing and home ownership as an investment
- Taxation, public spending, social security and retirement
Please let me know what you will do to correct this problem.