‹‹ Colorado Matters

Lawmakers, Advocates Back New Financial Literacy Standards For High School Students

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17min 30sec
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It’s possible to get deep into debt before you can legally have a beer. Think of student loans and relentless credit card offers. And what happens earlier in life affects big stuff down the timeline. Like qualifying for a mortgage. A bipartisan group of state lawmakers thinks Colorado needs to beef up its financial literacy standards, emphasizing college costs, credit, retirement savings, and home buying. Rep. Cathy Kipp of Fort Collins is leading the charge in the Colorado House. She’s on the education committee. Sarah Staron is a policy fellow with the Young Invincibles, which advocates on behalf of young adults whose economic realities are often much more difficult than their parents’. And Nat Landin testified in favor of the legislation, which has no organized opposition. Experiences with student loans prompted Nat to get involved.