South Dakota schools are receving an "F" in teaching students personal finance in high school. The Center for Financial Literacy says South Dakota high school students are not learning the basics of paying bills, building good credit and avoiding debt. At the same time, they are relying more on student loans to finance their education, according to the financial literacy study.
South Dakota requires high school students to take a half-year course in either personal finance or economics but does not require students to choose personal finance or require schools to offer personal finance.
Just five states in the country scored an A on the 2015 National Report Card on State Efforts to Improve Financial Literacy in High Schools. They all require students take a dedicated semester of personal finance courses.
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