Utah has received a No. 1 ranking for its high school personal finance education from Champlain College’s Center for Financial Literacy in Burlington, Vermont. Utah was the only state to earn an A-plus on the Top-10 report card issued by the institution earlier this month. April has been designated Financial Literacy Month.
John Pelletier, director of the Champlain center, said Utah requires that all high school students take a half-year course exclusively dedicated to personal finance topics and students are required to take an end-of-course assessment examination created and administered by the state.
“Utah clearly has the best program in the nation,” Pelletier said. “They require educators to be trained in teaching personal finance and they provide teachers with resources and professional development opportunities. General financial literacy is a funded mandate in Utah.”
Rounding out the top five in the report were Alabama, Missouri, Tennessee and Virginia.