Tuesday, May 20, 2008

Senate Bill 0834 Unanimously Passed the Senate

Senate Bill 0834 was unanimously passed by the Michigan State Senate.

http://www.legislature.mi.gov/(S(5nrpdo55fnpklc45sptsguuf))/mileg.aspx?page=getObject&objectName=2007-SB-0834

Regarding the bill, Senator Switakski stated:

"This bill promotes and permits, but does not mandate, that financial literacy be among the options of courses eligible to fulfill the math requirements under the revised curriculum standards. Financial literacy would be both a valuable and a popular course for students. And, Mr. President, just how many math courses can you say that about?

The current level of bankruptcies, foreclosures, and savings rates testify to just how valuable a course it would be. It’s supported by the Department of Education, banks, credit unions, and people who hold the value of financial literacy and fiscal responsibly dear. I hope that all members will support the bill. "

Please join us in thanking Senator Switaksi, and all of our legislators, with their invaluable support in ensuring that all Michigan students get the financial literacy education they deserve.

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