California Assembly Bill 2927 requires all California high school students to take a semester-long personal finance education course starting by the 2027-28 school year.
The course will also be a graduation requirement starting with the Class of 2030-31.
One banking CEO says it’s about time.
“As California's Leading Credit Union, we see the benefits of financial empowerment first-hand,” said Donna Bland, President and CEO of Golden 1 Credit Union. “People who gain financial knowledge early in their lives possess lifelong skills, including how to save, invest, and spend wisely. This aligns perfectly with Golden 1’s mission and vision and why we believe so strongly in financial education for these future leaders as we look ahead to creating a more equitable and financially inclusive California. Californians' financial well-being is our highest priority, and we believe in building healthy relationships with money from a young age.”