California Mandates Personal Finance Course for High Schoolers

California Governor Gavin Newsom has signed Assembly Bill 2927 into law, making California the 26th state to mandate personal finance education for high school students. Starting in 2027-28, all California high schools must offer a semester-long personal finance course, with graduation requirement beginning in 2030-31. The law aims to address wealth inequality and equip students with essential financial literacy skills, acknowledging the importance of early financial education in preparing young adults for their futures. Advocates emphasize the need for students to learn about budgeting, investing, credit scores, and financial decision-making to promote financial stability. This legislation aligns with national efforts to prioritize financial education in schools, reflecting broad support for integrating personal finance into the curriculum at an early age.