Classes Put Power of Money in Students' Hands

BATON ROUGE, LA (AP) — Supporters of the state's new career-track diploma law believe it can keep more high school students from dropping out while readying them for jobs in manufacturing and the petrochemical industries.

But the law also includes another difference-maker — an option that lets public school students take financial literacy as one of their required math courses.

Ted Griggs with The Advocate reports Robert Taylor, chief executive officer of the Louisiana Bankers Association said the program is the most effective thing that can be done to help people and empower them to make good decisions.

The LBA, which represents community banks, is hoping the financial literacy courses can arm students with practical knowledge they can use to avoid poor fiscal choices in the future.

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