Tennessee gets top grade in financial literacy

Friday, July 19, 2013, Vol. 37, No. 29

NASHVILLE (AP) - Tennessee's effort to teach financial literacy skills to young people has gotten it a top grade among the states.

According to the state treasurer's office, the Center for Financial Literacy at Champlain College in Burlington, Vt., recently ranked every state on its efforts to provide financial literacy education to high school students.

Tennessee was one of only seven states that received a grade of A.

The center is a partnership among financial institutions, nonprofit organizations and government agencies to promote financial literacy.

The center praised Tennessee for a number of its initiatives, including the incorporation of personal finance topics into the state's instructional guidelines for grades K-12 and the requirement that students be given assessment tests on financial literacy.