New Mexico – High school students could take a financial literacy class to help meet mathematics requirements for graduation under legislation approved by the House.
Supporters of the legislation contend it will provide students with more options for meeting their high school math requirements. The financial literacy classes can help students learn about investments, mortgages and balancing their bank accounts.
Opponents say the proposal will undermine the state's efforts to improve student performance in math. State law was changed in 2007 to require an extra math class to graduate from high school.
The bill passed the House Tuesday on a 46-22 vote and goes to the Senate for consideration.
The financial literacy bill is HB53.
Copyright 2010 The Associated Press.