Hagan introduces financial literacy bill at Raleigh school - WRBL

Hagan introduces financial literacy bill at Raleigh school

Posted: Updated:
Senator Kay Hagan visits with students at Raleigh's Leesville Road High School Senator Kay Hagan visits with students at Raleigh's Leesville Road High School

High school students nationwide will be offered a course in financial literacy before graduation, if Senator Kay Hagan has her way.

The North Carolina Democrat spoke to students at Raleigh's Leesville Road High School on Friday to announce the introduction of her Financial Literacy for Students Act. 

If passed, the bill would provide financial incentives for states that offer courses on finances to their students.

Leesville students are already offered a course outlining financial basics. Hagan says she wants other public schools to follow Leesville's example so students have a basic knowledge of finance as they head to college and adulthood. She cited recent reports showing the amount of student loan debt nationwide has now surpassed levels of credit card debt.

"Right now, there's about 4 states in the nation that actually teach a whole semester on financial literacy," Hagan said. "The key, I think, is providing students with financial education before you graduate from high school.  Financial literacy is not rocket science.  We just haven't taught it in the past."

Derick Waller

Derick is a reporter for WNCN covering crime, education, politics and just about everything in between. He has a knack for adapting to any story and consistently delivers information quickly across multiple platforms. More>>

  • PoliticsMore>>

  • Lawmakers in last-minute moves over NC budget

    Lawmakers in last-minute moves over NC budget

    Wednesday, July 30 2014 11:27 PM EDT2014-07-31 03:27:50 GMT
    File PhotoFile Photo
    Legislative budget-writers are toiling to finalize an annual spending plan for North Carolina government four days after announcing a deal and a day after leading lawmakers described its main points.Senate budget-writer Sen. Harry Brown says a finalized document won't be done until late Wednesday.
    Legislative budget-writers are toiling to finalize an annual spending plan for North Carolina government four days after announcing a deal and a day after leading lawmakers described its main points.Senate budget-writer Sen. Harry Brown says a finalized document won't be done until late Wednesday.
  • NC weighs giving upfront money for promised jobs

    NC weighs giving upfront money for promised jobs

    North Carolina lawmakers are considering breaking with a generation of state job-hunting efforts and giving corporations upfront money to move.
    North Carolina lawmakers are considering breaking with a generation of state job-hunting efforts and giving corporations upfront money to move.
  • NC Senate signs off on farm bill

    NC Senate signs off on farm bill

    Wednesday, July 30 2014 6:54 PM EDT2014-07-30 22:54:19 GMT
    File PhotoFile Photo
    The Senate voted Wednesday to agree to a bill that would shield DENR from disclosing complaints and investigations on farms.
    The Senate voted Wednesday to agree to a bill that would shield DENR from disclosing complaints and investigations on farms.
Powered by WorldNow

1350 13th Avenue
Columbus, GA 31901

Telephone: 706.323.3333
Fax: 706.327.6655
Email: news@wrbl.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.