AkronFall 2022 StoriesK-12 EducationMoneyStudent LoansUncategorized

Akron Public Schools excited to extend financial programs within it schools

Counting, spending, and saving are key pieces to financial literacy puzzle especially in cities like Akron, Ohio. Teaching students to better handle money,  build credit, and understand loans is important for under represented communities. Governor Mike DeWine signed a bill into law which requires Ohio students to take at least one-half credit course on financial literacy prior to graduation. Akron Public School students have 3-weeks of financial literacy placed into their social studies curriculum but will convert the program into a semester-long course do to the new law.  A 2021 Harvard study showed Black homeowners have higher interest rates than White homeowners even when they have substantially higher incomes. Akron Public Schools offers it’s students a variety from programs from Reality [Check] Day and a mock bank sponsored by Key Bank. Educators are excited to prepare their students for the new program and ready them to be active citizens in the community.