To amend the Financial Literacy and Education Improvement Act to include secondary schools in best practices for teaching financial literacy, and for other purposes.

This bill changes a federal financial literacy law so that best practices for teaching financial literacy, which now cover colleges and universities, would also cover secondary schools. It sets January 1, 2027 as the new date tied to developing these best practices. For secondary schools, the best practices would include budgeting, saving and investing, credit basics and credit scores, evaluating financial products and avoiding scams, and understanding options for paying for college, including student loans. The bill also restates the existing best practices for colleges, such as helping students understand their total borrowing and repayment options.

Full text and official record on Congress.gov

Sponsors

• David G. Valadao Republican sponsor
• 2 cosponsors