Governor Gavin Newsom announced on Thursday an agreement that requires all California high school students to take a semester-long personal finance education course starting by the 2027-28 school year.
I remember a little while back reading something about how Financial Literacy was introduced as a way for the banks to avoid regulation, pushing the responsibility to individuals rather than face government pressure to change.
While there's some truth to this, there's also a ton of things companies are required to display prominently when lending money. Most people know about the interest rate, but there's a lot of other numbers just as important to understand.