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General Financial Literacy

STRAND 3: Students will understand sources of income and the relationship between career preparation and lifetime earning power.

Standard 1: Identify sources of income and specific employability skills.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with College Alternatives
Compare the risks and rewards of entrepreneurship/self‑employment.

Standard 2: Understand and begin preparation for post‑secondary training and career.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with College Alternatives
Recognize and explore the correlation between education, training, and potential lifetime income.
Discuss types of post‑secondary training available to students and scholarship/grant opportunities.
Calculate the costs of post‑secondary training options and analyze the return on investment (ROI) based on career choices.
Understand the cost differences between public and private and between nonprofit and for‑profit higher education and/or professional training.

STRAND 5: Students will understand principles of personal money management, including budgeting and managing accounts, and the role and impact of credit on personal finance.

Standard 4: Understand the importance and complications of the three big expenses: housing, cars, and education.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with College Alternatives
Understand the financial benefits of pursuing higher education opportunities while in high school.