Mississippi News

Mississippi ranked among top states for personal finance education

Gov. Tate Reeves has commented on a report that says Mississippi is one of only seven states across the nation to achieve an “A” grade for personal finance education. Mississippi was also one of only 12 states that improved their score since the release of the last report in 2017. During that time period, the state rose from a “C” grade in 2017 to its current “A” grade.

The rating is a product of Champlain College’s Center for Financial Literacy’s 2023 National Report Card on State Efforts to Improve Financial Literacy in High Schools.

“This is another big win for education in Mississippi,” said Reeves. “We recognized the importance of personal financial literacy, and that’s why we enacted subject requirements that will better equip students with the life skills they need upon graduation. I’m thankful that this policy is having a positive effect on our state and that its impact is being highlighted in this way.”

The report notes that “individuals with higher levels of financial literacy make better personal finance decisions.” Additionally, the report projected that Mississippi would retain its “A” grade going into the future.

“I want to thank everyone across Mississippi who has worked incredibly hard to improve financial literacy standards, including the Mississippi Department of Education, the Mississippi Council on Economic Education, Get2College, and all of our amazing teachers,” said Reeves.

Champlain College’s Center for Financial Literacy, founded in 2010, is nationally known and respected for its work to increase the financial capability of our nation through its research, advocacy, and financial literacy educator training programs.

The report can be read in full here.

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