Curriculum News in Brief

K-12 Financial Literacy is Goal of Standards

By Caralee J. Adams — April 23, 2013 1 min read
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The Council on Economic Education released financial-literacy standards for K-12 last week.

Developed by economists, education specialists at Federal Reserve banks, and financial-education researchers, the benchmarks are intended to provide a framework of essential knowledge that 4th, 8th, and 12th graders should master to be savvy financial consumers.

The National Standards for Financial Literacy for K-12 covers six topics: earning and income; buying goods and services; using credit; saving; financial investing; and protecting and insuring.

Each standard is an overarching statement of content, accompanied by age-appropriate benchmarks and material that is designed to apply to all socioeconomic groups.

A version of this article appeared in the April 24, 2013 edition of Education Week as K-12 Financial Literacy Is Goal of Standards

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