Virginia, Other States Mandating Financial Literacy Courses

USA Today (8/15, McDermott) reports that in Virginia, high school freshmen this year will have to "take a one-credit course outlining the ABCs of economics and personal finance." Virginia and "a handful" of other states are mandating such courses, as "part of a nationwide push to keep Generation Y from making money mistakes that could haunt them long after they graduate from college." The piece notes that many teachers report feeling unqualified to teach the material, and details efforts to bring teachers up to speed.