We opposed a bill to mandate financial literacy as a graduation requirement for Kansas high school students for multiple reasons. This article explains part of what’s wrong with such mandates.

“Maybe we could design financial education more closely aligned with the financial needs and choices of average Americans, and divine a way to deliver it at the exact right moment. But until we do, kids would be much better off spending more time in ordinary math classes rather than trendy financial-education courses. One study — which also found no effect for financial education — found that additional math courses did lead to better economic outcomes for students in adulthood, including increasing home equity by about $10,000 and lowering risk of foreclosure by about 3.5 percent.

“For now, it’s the height of economic folly to make schools spend money on useless personal-finance classes — and to force students to take them.”
https://www.washingtonpost.com/…/more-states-are-forcing-…/…