Action | Establish an Add-on Endorsement in the Licensure Regulations for School Personnel (8VAC20-23) to Teach Economics and Personal Finance |
Stage | Proposed |
Comment Period | Ended on 4/15/2022 |
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The Virginia Credit Union League strongly supports the Commonwealth’s leadership in requiring Virginia’s high school students to take a course Economics and Personal Finance. Credit unions have always been strong advocates and leaders in the promotion thrift and financial literacy for our members and the communities we serve, making this an issue near and dear to us. Ensuring the state’s students graduate high school with at least a rudimentary knowledge of economics and personal finance is setting them up for future success. These classes allow Virginia’s young adults to enter college or the workforce with the skills necessary to manage their money and make smart financial decisions, hopefully preventing them from making costly mistakes that could negatively impact their lives for many years.
The Virginia Credit Union League supports the Department of Education’s add-on endorsement to enhance and ensure that the education being offered to our students best positions them for the future.