History - Personal Finance
AB 2927 Personal FInance
AB 2927 Personal FInance![]()
AB 2927 Personal FInance
AB 2927 was signed into law on June 29, 2024 and mandates the inclusion
of a separate, stand alone one semester course in personal finance as a
high school graduation requirement, starting with students graduating in
the 2030-31 school year. AB 2927 requires all California high schools to
offer the course begining in the 2027-2028 school year.
of a separate, stand alone one semester course in personal finance as a
high school graduation requirement, starting with students graduating in
the 2030-31 school year. AB 2927 requires all California high schools to
offer the course begining in the 2027-2028 school year.
Topics to be included in the one semester personal finance course:
Topics to be included in the one semester personal finance course:![]()
Topics to be included in the one semester personal finance course:
Topics to be included in the one-semester personal finance course:
- Fundamentals of banking for personal use
- Principles of budgeting for independent living
- Employment and understanding factors that affect net income
- Uses and effects of credit, including managing credit scores
- Uses and costs of loans, including student loans
- Types and costs of insurance, including home, auto, health, and life insurance.
- Impacts of the tax system
- Principles of investing and building wealth, including investment alternatives to build financial security
- Enhancing consumer protection skills by raising awareness of common scams and frauds, and preventing identity theft
- Identifying means to finance college, workforce education, low-cost community college options, and other career technical educational pathways or apprenticeships
- Understanding how psychology can impact one’s financial well-being
- Charitable giving
- Other topics that are directly and specifically relevant to personal finance
Options for Graduation Requirements:
Options for Graduation Requirements:![]()
Options for Graduation Requirements:
Option One: Students who complete a separate, stand-alone one-semester course in personal finance, that is not combined with any other course, may elect to be exempt from the graduation requirement to complete a one-semester course in economics ***AB 121 2025 Update*** Authorizes an LEA to exempt a pupil who completes the course as stipulated
(OR)
Option Two: A local educational agency may elect to eliminate one or more locally
required courses to accommodate the personal finance course requirement.
Option Two: A local educational agency may elect to eliminate one or more locally
required courses to accommodate the personal finance course requirement.
