Brooklyn Borough President Press Conference— Announcement to add financial literacy to high school curriculum
On Wednesday, April 10th at 12:30 PM, Brooklyn Borough President Eric L. Adams held a press conference at Brooklyn College’s Student Center to urge hearings be held on S.2542/A.1357, which would establish instruction in financial education be provided to pupils in grades nine through twelve. The hearings would also include discussion of what should be included in such curriculum, including the basics of financial planning, budgeting, borrowing, interest rates, and personal insurance policies.
These bills are sponsored by State Senator Leroy Comrie and Assembly Member David Rosenthal.
Holding hearings on the aforementioned legislation is integral to moving New York State into the modern era when it comes to improving financial education and the finances of individuals and families.
Financially CLEAN’s Dionne Nicholls was in attendance at the press conference to support the initiative. Financially CLEAN has conducted multiple free 12 week workshop over the past number of years to middle and high school students, to college students as well as young adults. It great to see that the core principles of the workshops could potentially make their way to high school curriculum.