Bill seeks to get financial literacy in PA schools

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HARRISBURG, PA – MARCH 21: Airplane flys over PA State Capitol Building with a banner reading “SEN. TOOMEY DO YOUR JOB! #FILLTHESEAT” during National Day Of Action calling on Senate Republicans to “Do Your Job” and uphold their constitutional obligation to give fair consideration to U.S. Supreme Court nominee Judge Merrick Garland on March 21, 2016 in Harrisburg, Pennsylvania. (Photo by Lisa Lake/Getty Images for MoveOn.org)

HARRISBURG, Pa. (WHTM) – Legislation that requires public schools to allow personal finance class credits apply towards high school graduation requirements is making rounds.

The Senate approved the bill unanimously on Monday and sent it to the House.

Under the bill, any student who successfully completes a high school course in personal finance will be allowed to apply up to one credit to satisfy social studies, math, business education or family and consumer science requirements for graduation.

This is an attempt to push towards financial literacy and knowledge in high school students, hoping that they have better-understanding of managing money.

The sponsor, Republican Sen. Dan Laughlin of Erie County, says high school courses in personal finance should be encouraged to help young people acquire the knowledge necessary to make wise financial choices as adults.

The Associated Press contributed to this report.

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