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Post by Deleted on Jun 15, 2011 10:21:48 GMT -5
(From an email)
Tennessee Takes Lead in Financial Literacy Education
Thanks to the work of the General Assembly, State Treasurer David H. Lillard, Jr. said Tennessee has become a national leader in financial literacy education almost overnight.
The General Assembly approved legislation, supported by the Treasury Department, which puts Tennessee on a path that will lead it to become the first state in the country to take significant steps to increase financial literacy in elementary school.
The legislation, which was recently signed into law by Gov. Bill Haslam, will require the State Board of Education to develop guidelines for teaching about personal finance - with input from the Tennessee Financial Literacy Commission.
The Tennessee Financial Literacy Commission is a 501(c)3 non-profit corporation administratively attached to the Tennessee Treasury Department.
The law also directs the Tennessee Financial Literacy Commission to study how teachers can incorporate personal finance standards into reading, language arts and math classes for grades K-8.
The commission could then use the results of such a study to make recommendations to the State Board of Education and Department of Education for consideration of statewide applicability.
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