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By Bo Tefu | California Black Media
Last week, California became the 26th state to require high school seniors to pass courses focused on finance literacy, adding to a recently added ethnic studies prerequisite and a health class requirement focused on the dangers of fentanyl use.
The senior class of 2031 will be the first group of students to take the mandatory financial literacy course. California school districts are required to implement Assembly Bill 2927, authored by Assemblymember Kevin McCarty (D-Sacramento), at the beginning of the 2027-2028 academic year.
The bill works hand-in-hand with newly approved Assembly Bill 2429, authored by Assemblymember David Alvarez (D-San Diego). That law requires students to take health classes that discuss the dangers of fentanyl use and illegal drugs commencing in the 2026-2027 school year.
Both bills require high school seniors to complete the designated coursework during any semester between the ninth and twelfth grades. High school students in charter schools are also required to complete the state-mandated coursework. Under this law, local educational agencies will impose the required courses using state-mandated local programs.
McCarty said that the financial literacy classes will prepare students for the future and empower them to make smart money decisions throughout life.
“It’s such an important life skill,” he said. “The stressors that young people face today — especially student loans, renting, buying a house, credit cards all those things are so critically important, and if you fall behind. The consequences have a serious impact later in life.”
Unlike the bill on financial literacy that imposes classes as a graduation requirement, the bill on health education allows school districts to choose if health classes are a graduation prerequisite.
Alvarez said that health education can help address the state’s fentanyl epidemic, specifically among the youth.
“I think it’s important… that we share facts with young people, especially these days as they rely more and more on social media with misinformation,” said Alvarez.
“There’s still no better-trusted source than our schools for students and for families to receive the information that they need in order to make better decisions and better choices,” he continued.
Gov. Gavin Newsom said the state needs to help prepare young people in a statement backing the bills.
“Saving for the future, making investments, and spending wisely are lifelong skills that young adults need to learn before they start their careers, not after,” the Governor said in statement backing the education bills.
Starting in the 2025-2026 academic year, the state will also require high school seniors to take an additional one-semester course on ethnic studies.
