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Bill would require high schoolers to pass a personal finance test to graduate

South Carolina Sen. Luke Rankin wants to make sure young people in his state have taken a money management course.
Credit: Getty

A South Carolina state lawmaker wants high school students to better understand how to manage their money.

Republican Sen. Luke Rankin filed a bill that would require students to take a half-credit course in personal finance and complete an end-of-year test before graduating high school.

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If passed, the legislation would apply to students beginning with the class of 2021. The State Department of Education would be expected to build the course curriculum before July 1, 2020.

Rankin is a member of the Senate Education Committee.

Click here to read the bill.

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