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May 18, 2006
Wisconsin adopts performance standards for personal financial literacyHats off to Wisconsin for becoming the first state in the nation to develop content and performance standards for what students at all levels should know and be able to do in preparation for their financial future.
In the Superintendent's Weekly Message, Elizabeth Burmaster, state superintendent, outlined the plan which will emphasize "that students need to understand their legal rights and responsibilities as global citizens in relation to how they use their earnings or accumulate wealth." The standards were developed by a task force of educators, business and finance professionals, and government and elected officials and highlight such topics as "relating education to future earning potential, becoming a critical consumer, and avoiding excessive debt."
Although the model academic standards are voluntary for school districts, the state hopes that teachers will "weave teaching about financial literacy throughtout the curriculum so that students gain the knowldege and skills needed to establish sound financial habits." Bravo!
To view an online copy of Wisconsin's Model Academic Standards for Personal Financial Literacy, click here.
Posted May 18, 2006 1:26 PM | Curriculum
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