Letter: Emphasis on financial education helps Utah teens

Published December 7, 2013 1:01 am

This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Stressing financial stability and know-how in Utah high schools may be the best idea the Utah Legislature has had yet.

Most college students graduate with an average of $26,000 in student loans and yet there is still almost a 9 percent unemployment rate among young college grads.

Teaching Utah students how to budget and save money, handle loans and mortgages, stay out of debt and intelligently invest could make all the difference in the way students handle money after high school.

I know it has been for me. I am currently enrolled in the math of personal finance class at Bingham High School, and I already feel confident in creating my own budget and planning my financial future. These kinds of classes could be the difference between economic success and bankruptcy among young adults.

Amanda Lockhart

West Jordan