New law to ramp up high school finance lessons


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SALT LAKE CITY (AP) — Some lawmakers, teens and others say they're excited about a new state law designed to better equip high school students with budgeting and financial skills.

Utah Gov. Gary Herbert in a Friday ceremony at the Capitol honored the measure.

Students from Bingham High School in South Jordan attended the event after urging lawmakers to pass the measure.

The law ramps up classes on finance and basic economics that have been required since 2009.

To date, students often take the classes online in order to accommodate busy schedules.

Salt Lake City Democrat Sen. Pat Jones sponsored the measure during the legislative session. She says the virtual lessons have mixed results.

The new law puts $450,000 in state money toward training teachers and related costs.

It goes into effect July 1.

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