Some high schools say yes
Sitting in a semicircle around their teacher, Gerri Kimble, students at Hoover High School near Birmingham, Alabama ponder a high schooler dilemma: What to do with their part-time job paychecks.
asserted
students → say → paychecks
These teens say they're buying loaded teas, filling the gas tank — and investing.
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they → say → tank
"I put it in index funds, like S&P and then QQQ and VOO," says junior Darshan Parmar.
asserted
Parmar → put → S&P
Kimble asks if his parents do the actual investing.
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parents → ask → investing
Parmar says he does it himself.
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he → say → it
One student puts 70 percent in his Roth IRA.
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student → put → IRA
Another contributes to a 401(k).
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Another → contribute → 401(k
A third says he invests directly in stocks.
asserted
he → say → stocks
"Oh you watch the markets?" Kimble asks.
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Kimble → watch → markets
These students are among the first in the country to take a newly created Advanced Placement Business with Personal Finance course.
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students → take → course
The class is offered for the first time this year at more than 1,500 high schools across the country.
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class → offer → country
AP courses are college level classes offered in high school.
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courses → offer → school
Enrolled students can take an exam in order to earn college credit.
asserted
students → enrol → credit
Students at Hoover High School's AP business class however get lessons on management and finances.
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Students → get → management
They learn about the outside factors that can make or break a business – political, economic, social, technological, environmental and legal.
"It's a foundational piece of business that we're learning," says senior Bramley Williams.
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Williams → learn → that
Business is the new liberal arts
"Business is the constant learning of adaptation," says David Coleman, CEO of the College Board, the organization that creates and develops advanced placement courses for public and private schools across the country.
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that → say → country
The group also manages and administers the SAT.
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group → manage → SAT
It created this business course because students said in AP surveys that they want to turn their ideas into jobs.
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they → create → jobs
The class is designed to appeal to students who might be drawn to a more practical curriculum than a more theoretical subject such as AP economics, which was already and still is offered at high schools like this one.
uncertain
which → design → one
Yet Coleman still considers business a new part of the liberal arts, arguing it's as important for preparing students for the world as core areas of study like math and history.
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it → consider → math
Coleman says this kind of pedagogy that mixes the practical with the theoretical "could not be more useful today."
uncertain
that → say → theoretical
High schools are increasingly including lessons on finance
The AP course is part of a trend towards more curriculum in US high schools focused on money and finance.
asserted
course → include → money
Thirty nine states this year require a personal finance class to graduate – four more than two years ago according to the Council for Economic Education.
uncertain
states → require → Education
Hoover High School, located in an affluent Birmingham suburb, often feels more like a college.
asserted
School → locate → college
The campus has wide open green spaces and a massive student body a bit short of 3,000, making it the largest high school in Alabama.
asserted
it → have → Alabama
Many students in this class have college aspirations.
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students → have → aspirations
Students say the AP class is more challenging, and could improve their grade point averages (AP classes are often weighted higher than other courses).
uncertain
classes → say → courses
"This AP course is a way for me to boost my GPA and learn more about a topic that I love," sophomore Damola Kukoyi at Hoover High says.
asserted
Kukoyi → boost → High
Beyond this AP business class, Hoover offers a four-year business academy with classes such as accounting and entrepreneurship.
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Hoover → offer → accounting
A Federal Reserve paper from a few years ago found families in states requiring financial ed made better financial decisions.
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families → find → decisions
They were more likely to use stimulus checks during the COVID-19 pandemic to pay down credit card balances and refinance their mortgages while rates were low.
asserted
rates → use → mortgages
"When we educate youth about how to use money responsibly they're really good at doing so," says Jennifer Steele, a professor of education at American University.
asserted
Steele → educate → University
Hoover High Senior Rachel Deschaine, who's enrolled in the AP business course, says general business knowledge is important too because it teaches students people and companies interact financially with the world.
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people → enrol → world
Her dad owned a trucking company while her brother is majoring in economics.
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brother → own → economics
Deschaine sees the lessons in her class in the conversation at the dinner table.
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Deschaine → see → table
"There's a business in literally everything," she says.
asserted
she → be → everything
"If you're willing to understand how it works, it really opens up the opportunities to a person."
asserted
it → understand → person
The Aporia
