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North Carolina is 20th state to require financial literacy class for high schoolers

North Carolina has become the 20th state to put a financial literacy requirement for high schoolers in its educational standards.

Gov. Roy Cooper signed the bill Monday, which will require a full credit course during high school that focuses on economics and personal finance. Course topics will include paying for college, using a a credit card and understanding credit scores and reports.

The newly-enacted law also requires training for the teachers who teach the classes.

North Carolina’s new requirements start with students entering the ninth grade in the 2020-2021 school year and build the momentum to ensure more financial literacy among young Americans.

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