Next spring, more than 70,000 Tennessee high school seniors will cross a graduation stage. State law says every one of them will have completed a course in financial literacy. Yet, too many will still leave that stage unable to build a budget, read a credit report or recognize predatory debt.
Tennessee was among the first states in the country to require financial literacy instruction, more than a decade ago. While this was a step in the right direction, , Tennessee continues to rank near the bottom on key measures: 50th in financial solvency and 40th in financial literacy. We have the third-highest rate of personal bankruptcies per capita in the country, and filings rose 6.6% last year alone.
Employers across Tennessee report…