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This Act updates the Delaware Volunteerism Act to specify that high school students may complete their community service with local fire departments to obtain up to 1 elective credit. It also requires schools to notify students of the opportunity to earn elective credit through volunteer work at or before the time students select their classes. This Act also allows the Department of Education to promulgate regulations to implement the Delaware Volunteerism Act. This Act also makes technical corrections to conform to the standards of the Delaware Legislative Drafting Manual.
With 60% of U.S. households living paycheck to paycheck, 40% of Americans having less than $300 in savings, 33% of Americans having saved nothing for retirement, 95% of Americans having not saved enough for retirement, and 87% of American teens admitting not understanding their finances, financial literacy education in Delaware high schools is needed. This Act, which may be cited as “The Equity and Inclusion in Financial Literacy for All High School Students in Delaware Act”, requires high schools to provide, at a minimum, a 1/2 credit on financial literacy. And, beginning with students entering grade 9 in the 2026 through 2027 school year, successful completion of the credit will be required to obtain a high school diploma. This Act requires the credit to include instruction which meets the financial literacy standards for high school students adopted by the Department of Education. This substitute corrects a reference from "course" to "credit" in the synopsis.
This House Resolution emphasizes the importance of middle school years and the need for additional investment in programs that serve middle school youth.