Key point:
Kansas’ older residents learned much about handling their personal finances from their parents. Many youngsters still get that type of education at home. Unfortunately, many others don’t and are ill-equipped to make good decisions about money, credit and borrowing at an age when knowledge of such things should be very important to them.
If that sounds like dumping another responsibility on schools that parents could, or should, handle at home, it is. But the need is there. The National Conference of State Legislators has encouraged all states to adopt statutes requiring the study of financial literacy in public schools.Here's hoping more states (and their newspapers) follow this lead.
